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Need help asap, Must someone pay taxes on embezzled funds? Why? If someone goes to a racetrack and wins $ 1 0 , 0 0

Need help asap,

Must someone pay taxes on embezzled funds? Why?

If someone goes to a racetrack and wins $

10, 000

on Sunday and then loses $

12, 000

on Monday, how much money does he owe for taxes?

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