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W-9 IRS form W-9 IRS form
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04-19-2015 , 09:29 AM
#1
The4thFilm's Avatar
The4thFilm
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Carpal \'Tunnel
Join Date: Jul 2004 Posts: 13,472
I was made to fill one of these out in Vegas since I cashed out more than $10K from poker. It's irritating to have my SSN floating around allowing my identity to be stolen, but whatever I report all my income. Here's the thing: say I buy in for $10K and cash out $15K (profit $5K). The IRS has no clue what I bought in for the casinos don't ask or record: are their computers going to record a $15K profit for this transaction and then tell me I owe a much bigger tax bill than I actually do at the end of the year?
W-9 IRS form Quote
04-19-2015 , 11:28 AM
#2
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PokerXanadu
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Carpal \'Tunnel
Join Date: Oct 2006 Posts: 10,583
The W-9 Form is probably just to get your SSN for a Currency Transaction Report (sent to FinCen for money-laundering detection, not the IRS), which they are required to file for any cash transaction over $10K. Any reporting of your winnings to the IRS would be done on a W-2G or 1099-MISC by the casino, a copy of which the casino would give or send to you. But the casinos aren't required (and none of them do, afaik) to report poker cash game winnings (for US residents) to the IRS - only net tournament winnings exceeding $5K.

Make sure you keep a contemporaneous record of your cash game buy-ins, wins and losses, as described in the US Taxes Sticky.
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04-19-2015 , 02:32 PM
#3
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The4thFilm
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Carpal \'Tunnel
Join Date: Jul 2004 Posts: 13,472
Xanadu thanks
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08-28-2018 , 05:14 AM
#4
giusto_pio
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stranger
Join Date: Aug 2018 Posts: 1
As far as I know, you also can refuse to fill out this form in some casinos and get your money anyway, yet it's uncommon practice and not welcomed to the most. For such a purpose you not sure that casino will report on your incomes from them in a right way, you might well get the form template of w9 here or by the IRS website, and fill it out by yourself. Just consider to write down the casino's credentials
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