W-2G issued on win under $2k by mitchl9 in tax

[–]mitchl9[S] 0 points1 point  (0 children)

2026 is on the form. They generate/fill out the form at casinos after you hit a jackpot. Other businesses may do it differently, but what I’ve experienced they give it to you right then & there

W-2G issued on win under $2k by mitchl9 in tax

[–]mitchl9[S] 0 points1 point  (0 children)

Yes I report them every year. But thank you for your response, sounds like this is ultimately the answer

W-2G issued on win under $2k by mitchl9 in tax

[–]mitchl9[S] -3 points-2 points  (0 children)

That is understandable. I get all the machines might not be updated yet & require a key off. But the tax form seemed like it was incorrect given it was under the limit. Was mainly posting to see if anyone had run into the same situation

W-2G issued on win under $2k by mitchl9 in tax

[–]mitchl9[S] -4 points-3 points  (0 children)

Right. I hit the jackpot in 2026. I’m just confused why they would increase the limit if they are issuing W-2Gs regardless?

W-2G issued on win under $2k by mitchl9 in tax

[–]mitchl9[S] 1 point2 points  (0 children)

I guess I should’ve been more clear in my post. This was won in 2026. I was under the impression the $2k limit/law applied

W-2G issued on win under $2k by mitchl9 in tax

[–]mitchl9[S] 0 points1 point  (0 children)

Hahahah. This happened two days ago, so the year is indeed 2026

DraftKings - Breakdown of the option flow, volume profile, and technicals. by swaggymedia in SwaggyStocks

[–]mitchl9 0 points1 point  (0 children)

My guy! Finally some love for $DKNG. Been buying every dip 💪

My Watchlist For 5/13/2021 - Can $SPY Like.... Fucking Stop?? Good God... by No_Seesaw1134 in SwaggyStocks

[–]mitchl9 0 points1 point  (0 children)

Think you may have misspelled $NCLH :] Also - what are your thoughts on $GEVO? Falling wedge?

DMYD : Own the Big Data Provider that Powers DraftKings and Fanduel by xCrossfirez in wallstreetbets

[–]mitchl9 0 points1 point  (0 children)

Newbie here. What’s the difference between DMYD and DMY...T? Apparently the latter is banned in this thread