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Tax Documents from 2022 WSOP? Tax Documents from 2022 WSOP?

04-03-2023 , 08:33 PM
So I cashed in two WSOP events last year (humble brag?) and would have expected to receive a 1099-G or some sort of tax paperwork by now. Does anyone know whether the WSOP issues these to US citizens, or who I should contact to ask about this? Buyins were 2x$1K plus 2x$125 sattys for $2,250 in, and cashes were $2K plus $4,900+ for just under $7K if this is a factor in what they issue paperwork for.
Tax Documents from 2022 WSOP? Quote
04-04-2023 , 05:50 AM
You get tax forms given to you when payed out.
They take the tournament prize - buy in for the taxable amount
It must be >=$5k, you didn't qualify for taxes.

Self report if you wish.
Tax Documents from 2022 WSOP? Quote
04-04-2023 , 09:14 AM
W2G issued only when winnings exceed 5k net in a single event.
Tax Documents from 2022 WSOP? Quote
04-08-2023 , 12:58 PM
Thanks!
Tax Documents from 2022 WSOP? Quote

      
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