You do not have to pay any taxes simply for the act of playing the casino-style games at Chumba.
It is because of these potential cash prizes that the issue of Chumba Casino taxes is often raised with us here at .ĭo you have to pay taxes on Chumba Casino ? The most notable thing about SC is that they can be traded in for cash prizes. This is the second form of virtual currency at Chumba Casino that cannot be bought but can only be acquired through winning and offers, including the Chumba Casino slots sign up bonus. Where money does come into it is if you choose to play in standard mode using Sweeps Coins (SC). You play at this casino using virtual currency, and if you so wish, you could keep playing for free without ever putting money into Chumba or receiving anything in return. This is an important distinction that has to be made, as you are never actually betting any money when using the Chumba Casino app. Does how you redeem your prizes affect your Chumba Casino taxes?īefore we get down to the finer details of Chumba taxes and if/when you have to pay them, it’s first important to highlight that Chumba is a social casino, and is not a gambling site.Do you have to pay taxes on Chumba Casino winnings?.Do you have to pay taxes on Chumba Casino?.No Deposit Bonus Codes for Existing Players.
