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CREATED BY:IN PARTNERSHIP WITH:YOU WIN SOME, YOU LOSE SOME : EXPLORING THE WORLD OF WIN/LOSS PROGRAMSCREATED BY:You win some, you lose some: Exploring the world of win/loss programsContents 3Introduction
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You Win Some is a form used to report gambling winnings to the Internal Revenue Service (IRS) in the United States.
Any individual who has won gambling winnings that exceed the reporting threshold set by the IRS is required to file You Win Some.
To fill out You Win Some, you need to provide your personal information, the amount won, the type of gambling, and any taxes withheld.
The purpose of You Win Some is to ensure that all gambling winnings are reported for tax purposes and to document any tax withheld on those winnings.
The information that must be reported includes the winner's name, address, Social Security number, the type of gambling, the date of the win, the amount won, and any taxes withheld.
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