Quote:
|
Originally Posted by PokerPrincess_Sandy
As a Canadian I am not sure how the hotels report it for U.S. citizens. However, when I have won over $1,200 at the slots in the casino at one time, which is usually a jackpot, the security people come and get your S.I.N. (Social Insurance Number) and keep 30% before they give you the payout.
Also when I have been in poker tournaments they fill out a WD? (something number) take 30% off the winnings and hand you a copy of the paper and the balance of your money.
So I am quite sure that there are tax forms filled out for U.S. citizens as well.
|
Wow Canada is tough lol!
I can't imagine American casinos ruining the vibe by having a chorus line of bean counters come out after every win. I am betting they catch up to the folks when they check out or at least let them know in fine print that they can track their lossess by their address and credit card data to the IRS if they don't comply.
I bet the IRS gets a report anyway. Does anybody know?