Proposal to Lower Threshold for When Gambling Winnings Must Be Reported Dropped

The IRS has decided to forgo a proposal that would have required casinos to collect and file tax information on winnings of $600 or more on slot machine and video lottery jackpots. The decision means that the current regulations - which require winnings of $1,200 on a slot machine to be reported to the agency - will remain in place.

Read more in the Cleveland Plain Dealer.




Sub module has expired and been moved to the dashboard module, please install dashboard module and select the corresponding effect.

Gambling Progran Help 800-589-9966 Problem Gambling
Helpline 800-589-9966