How are gaming revenue distributions, including per capita payments, reported when the recipient is a minor?
A:
Gaming revenue distributions, including per capita payments, are taxable in the year of distribution regardless of whether the recipient is a minor, unless placed into a qualifying deferral...
AdA Simple Step-By-Step Process To Make IRS Tax Filing Easy. Get Started With TurboTax®. File Your IRS Tax Return With Confidence. Your Taxes. Done Right. With TurboTax®!
Forward-Looking Features And Comprehensive Design – NerdWallet
AdEnd Your Tax Stress. Get Relief From Back Taxes With the Help of Our IRS Experts. Get Immediate IRS Help and Tax Relief. Our Tax Experts Can Estimate Your Forgiveness Now.
New Year - New Tax Code · 100,000+ Clients Annually · IRS & Tax Defense