Ladewig
I lost an avatar bet.
- Joined
- Dec 4, 2001
- Messages
- 28,828
In the US, gambling winnings are taxable on the federal level. Its reported on a W2-G.
Yes. Nevada casinos must report winnings greater than $1200 to the IRS - they also send you a W2-G form to confirm that they have told the federal government of your winnings.