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Forums => Slot Machines Forum => Topic started by: alrelax on July 16, 2025, 02:25:57 AM

Title: Hand Pay W2-G Reporting Raised to $2,000.00
Post by: alrelax on July 16, 2025, 02:25:57 AM
An element of the OBBBA that hasn't garnered nearly the same media coverage as it relates to the gaming industry is "Section 70433 C — Application to Reporting on Remuneration for Services."

The text increases the tax reporting threshold on gambling winnings to $2,000.
The minimum win amount to initiate a W-2G form becomes effective Jan. 1, 2026. It is then increased annually based on inflation.


https://www.casino.org/news/one-big-beautiful-bill-has-silver-lining-for-gamblers/