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Under the current, $1,200 threshold, it's common for slot machines to be shut down until IRS paperwork is filled in about a jackpot

In some cases, the casino may withhold a portion of your slot machine winnings for tax purposes This withholding is mandatory for certain wins  You can download a copy of Your Stuff in a machine readable format by visiting the portal Taxes You Keep From Your Gambling Winnings $ 0 Note: Tax

phoenix rises slot background Slot Machine Winnings Taxes: Essentials · 1 Backup Withholding: If you don't give the casino your tax number when they ask for it, they might Under the current IRS policy, slot machine jackpot winnings of $1,200 or more require a W-2G tax form However, this threshold has not been