draftkings tax form reddit

Mile_High_Man 3 yr. You should attach the schedule 1 form to your form 1040.

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On the left rail tap the gear Settings icon.

. Why am I being asked to fill out an IRS Form W-9 for DraftKings. For the three months ended december 31. FanDuel sent me a tax form just the other day dont use draftkings so Im not sure how they go about it.

If you would like to. Fan Duel sent me mine via e-mail about a week ago. You should attach the schedule 1 form to your form 1040.

Does draftkings send tax forms reddit. Tap the three-line Menu icon in the top right corner. Nathan rigley a lead tax research analyst at hr block spoke with.

Click on Document Center which you will notice on the left-hand side of the page. When you are in the Document Center section you should be able to see a 1099 form. To access the Document Center via mobile web.

You can expect to receive your tax forms no later than february 28. Its stated in the tax section on every app. Key tax dates for DraftKings - 2021 Where can I find my DraftKings tax forms documents 1099 W-2G.

For legal sportsbooks a taxable event is considered a 600 net profit at 300 to 1 odds on a winning wager. Only when you have a wager meeting. Nathan rigley a lead tax research analyst at hr block spoke with.

Betmgm tax forms Just like you report your income you must also report how much money you won via legalized sports betting.

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