Lost W2-G for tax winnings (1 Viewer)

[shadyridr]

My wife won $5k on a slot machine last year and now i cant find the form they gave us. Do i need it or any of the info on it? I know the exact amt she won.

 

[George Jefferson Airplane]

They just send that info to the IRS. As long as you know the amount, you're good to e-file. Just fill out the electronic W2-G.

 

[belljr]

My wife won $5k on a slot machine last year and now i cant find the form they gave us. Do i need it or any of the info on it? I know the exact amt she won.

You can also ask the casino for copy.

 

[jon_mx]

They just send that info to the IRS. As long as you know the amount, you're good to e-file. Just fill out the electronic W2-G.

Don't they ask for name and tax ID number of the casino. I am sure you can call the casino and get it. The IRS can give you the information on the forms file against you , but thatight take a few weeks to get.

 

[johnnycakes]

If they withheld any tax, I think you may need that form. At least to get any credit in a timely fashion, if at all.

 

[shadyridr]

If they withheld any tax, I think you may need that form. At least to get any credit in a timely fashion, if at all.

no taxes were withheld

 

[johnnycakes]

If they withheld any tax, I think you may need that form. At least to get any credit in a timely fashion, if at all.

no taxes were withheld

Then as long as you report the gross amount as other income, you should be fine.

 

[Bucky86]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

 

[George Jefferson Airplane]

If they withheld any tax, I think you may need that form. At least to get any credit in a timely fashion, if at all.

no taxes were withheld

Then as long as you report the gross amount as other income, you should be fine.

 

[shadyridr]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

 

[Insein]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

 

[Fennis]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

Ill answer for him: yes, amazingly enough she also lost $5,000

 

[xulf]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

Nobody keeps receipts of this.

 

[shadyridr]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

yes she did. About "$2000"

 

[belljr]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

Nobody keeps receipts of this.

if you have a players account you can log in and print your history for the year

 

[kevzilla]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

Nobody keeps receipts of this.

if you have a players account you can log in and print your history for the year

Unlikely that will be adequate documentation for the IRS. They want you to keep a log with casino, time of day, number on machine, total won/lost, etc. For every single gambling session.

 

[Insein]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

Nobody keeps receipts of this.

if you have a players account you can log in and print your history for the year

Unlikely that will be adequate documentation for the IRS. They want you to keep a log with casino, time of day, number on machine, total won/lost, etc. For every single gambling session.

Unless you're audited, they won't bat an eye. $5000 is hardly an amount that triggers review.

 

[belljr]

LOOK AT ME!!!! I ACTUALLY WIN MONEY IN VEGAS!!!111!@!@!@!#

AC. And it was my wife which is essentially losing

Did she also lose money at gambling during he year? Cause you usually can offset them.

Nobody keeps receipts of this.

if you have a players account you can log in and print your history for the year

Unlikely that will be adequate documentation for the IRS. They want you to keep a log with casino, time of day, number on machine, total won/lost, etc. For every single gambling session.

That is a log. I use it every year.

It has my dates, buy ins, winnings, etc.