PDF《2017》

2017 Instructions for Forms W-2G and

5754 Department of the Treasury Internal Revenue Service Section references are to the Internal Revenue Code unless otherwise noted.

Future Developments Information about any future developments affecting Form W-2G or Form

5754 (such as legislation enacted after we release them) will be posted at IRS.gov/w2g and IRS.gov/form5754, respectively. Information about developments affecting these instructions will be posted on both pages. What'

s New Reportable winnings. The text in box

1 of Form W-2G has been changed from Gross winnings to Reportable winnings. This change clarifies that for certain types of gambling activity, the amount shown in box

1 is gross winnings less the amounts of the wager or buy-in. New payee identification requirements. A payee of bingo, keno, or slot machine winnings must present two forms of identification, one of which must include the payee'

s photo. A completed Form W-9 is acceptable as the other form of identification for bingo, keno, or slot machine winnings. Gaming establishments owned or licensed by a tribal government may waive the photo ID requirement for payees who are members of that federally-recognized Indian tribe and present a tribal member identification card issued by the same tribal government. These new rules affect the instructions for boxes

11 and

12 under Bingo, Keno, and Slot Machines. See Regulations section 1.6041C10(d) and (e). Optional reporting method for certain winnings. A payer may use the optional aggregate reporting method to report more than one payment of reportable gambling winnings from bingo, keno, or slot machines received by a payee in a 24-hour calendar day or gaming day on a single information return. A gaming day is a 24-hour period that ends at a particular time chosen by the gaming establishment (generally when the establishment is closed or when business is slowest, such as between 3:00 a.m. and 6:00 a.m.). On December 31st, all open information reporting periods must close at 11:59 p.m. to end by the end of the calendar year. On January 1st, all information reporting periods must begin at 12:00 a.m. The optional aggregate reporting method affects the bingo, keno, and slot machines instructions for box

1 under Bingo, Keno, and Slot Machines. See Regulations section 1.6041C10(g) for more details and recordkeeping requirements. Reminder In addition to these specific instructions, you should also use the

2017 General Instructions for Certain Information Returns. Those general instructions include information about the following topics. Backup withholding. Electronic reporting requirements. Penalties. When and where to file. Taxpayer identification numbers. Statements to recipients. Corrected and void returns. Other general topics. You can get the general instructions at IRS.gov/orderforms. Specific Instructions for Form W-2G File Form W-2G, Certain Gambling Winnings, to report gambling winnings and any federal income tax withheld on those winnings. The requirements for reporting and withholding depend on the type of gambling, the amount of the gambling winnings, and generally the ratio of the winnings to the wager. File W-2G with the IRS. You must provide a statement to the winner (Copies B and C of Form W-2G). The types of gambling are discussed in these instructions under the following four headings. 1. Horse Racing, Dog Racing, Jai Alai, and Other Wagering Transactions Not Discussed Later. 2. Sweepstakes, Wagering Pools, and Lotteries. 3. Bingo, Keno, and Slot Machines. 4. Poker Tournaments. Reportable Gambling Winnings Report gambling winnings on Form W-2G if: 1. The winnings (not reduced by the wager) are $1,200 or more from a bingo game or slot machine, 2. The winnings (reduced by the wager) are $1,500 or more from a keno game, 3. The winnings (reduced by the wager or buy-in) are more than $5,000 from a poker tournament, 4. The winnings (except winnings from bingo, slot machines, keno, and poker tournaments) reduced, at the option of the payer, by the wager are: a. $600 or more, and b. At least