Finger Lakes Gaming Win Loss Statement Form
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People also ask
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What is the difference between W2G and win loss statement?
What is the difference between Gaming History (win/loss) Statement, W2G and 1099? A. Gaming History Statement gives information that may be used when filing taxes, W2G is the reportable tax amount given to the IRS, and 1099 is the reportable promotional gifts and/or winnings reported to the IRS.
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How do I find my win loss record?
You will directly request the WIN LOSS statement from the or gambling establishment. If you have received gambling winnings exceeding $600 during the tax year, the W-9 form will be sent to the gambling entity.
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How do I get a win loss statement?
How do I get a Win/Loss Statement? A “Win/Loss Statement Request” form and “W-9 Form” must be completed prior to receiving a Win/Loss Statement. 1. Original paperwork must be submitted to the Players Club booth or mailed to the .
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Is a win loss statement good enough for taxes?
The IRS has explicitly stated that win/loss statements by themselves are not sufficient, you need to have the real-time gambling log or diary of your gambling activities that the IRS requires in order to deduct losses.
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