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How to prepare Form W-2G
About Form W-2G
Form W-2G is a tax form used by the Internal Revenue Service (IRS) in the United States to report certain gambling winnings. It must be completed by casinos and other gambling establishments that pay out winnings to individuals. Individual taxpayers who receive gambling winnings of $600 or more from lotteries, raffles, horse races, dog races, casinos, and other types of gambling need to receive a copy of Form W-2G. The form is used to report the amount of winnings and any taxes withheld from the winnings. The taxpayer must then use the information on the form to accurately report their gambling winnings on their federal tax return.
What Is Irs Form W 2g pdf?
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Use the clues to complete the relevant fields.
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Include your individual information and contact information.
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