Form W 2G

Form W-2G

Meaning Certain Gambling Winnings, to report gambling winnings and any federal income tax withheld on those winnings.The requirements for reporting and withholding depend on⦁ the type of gambling,⦁ the amount of the gambling winnings, and⦁ Generally the ratio of the winnings to the wager.All gambling winnings must be reported on tax return as ‘other income’ on […]

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