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Form W-2G for South Carolina: What You Should Know

Report the gaming winnings on line 14 of your Form 1040, line 25 of your Form 1040A, line 31 of Forms 1040NR, or line 32 of Form 1040NR-EZ. Use lines 1 to 21 of Form 1040 to enter the amount of your winnings, and enter your social security tax withholding son line 1. To enter a W-2G to make sure that all of your withholding has been reported for you, use the “Other withholding” area of Form W-2G. If withholding amounts are not available, you can use Form 1099–G, General Information Return, to figure your withholding due. If these forms do not include enough information to report your tax withheld on line 12, it is better to use Form 1040 or Form 1040NR. The gambling winnings need to be entered manually on Form W-2G, which will not automatically report the winnings by the 1040th day. Use the table below to calculate the amount of tax that should have been paid to the state of South Carolina to cover the required Social Security and Medicare withholding, depending on the winnings you reported on the W-2G. The winnings reported on the W-2G should be entered in the “Amount of WINNERS” column. The total winnings entered (in both boxes) should be entered as a negative number. Do this for all the winnings entered on the W-2G, including the winnings reported on a Form 1099-G. If an amount is withheld through any other reporting method, the amount should be entered as a negative number. To be sure that there is not missing or incorrect information on your W-2G, add the amount in the “Amount of WINNERS” column to the amount entered on the form. This can help ensure your information is correct and accurate. The amount in the “Other withholding” column should not include any amount for non-business income tax withholding for withholding by your state; income tax withholding from the casino; social security taxes; withholding from the nonresidents that provided you the winnings — if any. If your state withhold Social Security and Medicare taxes on the prize pay (line 13), you should have entered 0 on column A in the “Other withholding” column. If the amount is withheld from the casino (line 14), enter 0 on column A and 2 on column D in the “Amount of WINNERS” column.

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