No tax on over time
No tax on tips
No tax on social security
1 more to go no tax on sport gambling lol
Under the current federal rule, a payer or casino must provide a slots player with a W-2G form when they win $1,200 or more on a slot machine. The jackpot threshold has remained at $1,200 since it was implemented in March 1977.
Appearing before a House Appropriations subcommittee in Washington, DC last week, IRS Commissioner Danny Werfel seemed supportive of increasing the slot threshold. Werfel revealed he’s embraced a November recommendation from the IRS Advisory Council suggesting the amount be elevated to $5,800.
Everyone has character flaws, I'll take Trumps compared to the oppositions flaws anyday!
Under the current federal rule, a payer or casino must provide a slots player with a W-2G form when they win $1,200 or more on a slot machine. The jackpot threshold has remained at $1,200 since it was implemented in March 1977.
Appearing before a House Appropriations subcommittee in Washington, DC last week, IRS Commissioner Danny Werfel seemed supportive of increasing the slot threshold. Werfel revealed he’s embraced a November recommendation from the IRS Advisory Council suggesting the amount be elevated to $5,800.
Everyone has character flaws, I'll take Trumps compared to the oppositions flaws anyday!
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