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find the taxable income Sportsbet Winnings Robyn is a keen football follower. Each weekend she loves nothing better than watching the National Rugby League (NRL)
find the taxable income
Sportsbet Winnings Robyn is a keen football follower. Each weekend she loves nothing better than watching the National Rugby League (NRL) games, especially the Newcastle Knights. Every Friday aftemoon before the Friday evening games, Robyn places a bet of $50 on the NRL games for the weekend. During the 2022 income year, Robyn won a total of 7 times. However, the winnings were reasonably small that they barely covered the amount she bet. However, in the last week of the 2021 season (before the finals), Robyn took a multibet that ended up proving to be a massive winner for her. She ended up winning $31,185 for that particular bet. Her overall winnings for the 2022 income year (including the $31,185 bet) totalled $34,584 Step by Step Solution
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