W-2g instructions

 

 

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File Form W-2G for every person to whom you pay $600 or more in gambling winnings if the winnings are at least 300 times the amount of the wager. If the person See the 2015 Instructions for Forms W-2G and 5754 for the rates. Foreign winners. Use Form 1042-S, Foreign Person's U.S.. Source Income Subject to Withholding, (38.88% if the charity pays the withholding amount on behalf of the winner.) Refer to Instructions for. Forms 1099, 1098, 5498, and W-2G and Specific File Form W-2G, Certain Gambling Winnings, to report gambling winnings and any federal income tax withheld on those winnings. The requirements for reporting and See the official IRS instructions. What to report on form W-2G. Gambling winnings from horse racing, dog racing, jai alai, lotteries, keno, bingo, slotInstructions to Winner. Box 1. The payer must furnish a Form W-2G to you if you receive: 1. $1,200 or more in gambling winnings from bingo or slot machines;. If this form shows federal income tax withheld in box 4, attach this copy to your return. <:20 Form W-2G. Copy B. Certain Gambling. Winnings. , CORRECTED Form W-2 federal income tax withholding statements. 2. Form W-2G certain gambling winnings. 3. Form 1099 distributions from pensions, annuities,

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