Will the $1,000 I won at Keno be reported to the IRS ?
Answer:
Generally, Keno winnings are reported on Form W-2G to the IRS if they are $1,500 or more reduced by the wager amount.
Interested in more Gambling Winnings & Losses Questions?
- Is the $1,000 I won at Bingo reportable to the IRS ?
- Will the $1,000 I won at Keno be reported to the IRS ?
- Will my Gambling winnings of $700 be reported to the IRS ?
- Are my gambling winnings from the slot machines subject to backup withholding ?
- Is the $1,000 I won on the slot machines in Las Vegas reportable to the IRS ?
