August 30th, 2014 at 10:25:22 PM
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Is there a way to avoid getting any wins $1200 or great reported to the IRS? For example if I refuse to give a SSN, can the casino take out a portion and not report or give me a 1099? That happened to me at an Indian Casino, I refused on a small one (cash prize of $100) and they tried to take 28% out.
Thanks!
Thanks!
August 30th, 2014 at 10:59:59 PM
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Not really. If you were splitting among a group, it can be divided if the casino is cooperative using another form but this doesn't achieve your goal. I guess you just have to find a total loser with no future to claim the jackpot and hope he pays you.
I am a robot.
August 30th, 2014 at 11:32:36 PM
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If you don't provide a social security card, they will keep backup withholding of 28%. If you don't provide an ID, expect them to hold onto your jackpot until you do.
I heart Crystal Math.