casguy2016
Senior Member
- Joined
- Aug 30, 2016
- Location
- Canada
My understanding is slot gambling isn't taxable in Canada (Ontario). I also understand if you deposit certain amounts into your bank you might get flagged for income tax purposes.
What is a safe amount to withdraw without being flagged and how often? Do you also keep screenshots of your winnings in case you do get flagged?
I only recently got concerned because I won 5K in a slots game. I know if my winnings were through OLG i wouldn't have to worry about it but i like the variety of games you can find in various online casinos.
What is a safe amount to withdraw without being flagged and how often? Do you also keep screenshots of your winnings in case you do get flagged?
I only recently got concerned because I won 5K in a slots game. I know if my winnings were through OLG i wouldn't have to worry about it but i like the variety of games you can find in various online casinos.