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 IRSTax Filing Easy. Get Started With TurboTax®. File Your IRSTax Return With Confidence. Your Taxes. Done Right. With TurboTax®!
Maximum Refund Guaranteed · Audit Support Guarantee · File With Confidence
AdTaxReliefCenter.org has served over 2.4 million taxpayers in need of help with back taxes. Owe $10K-$200K to IRS? Stop or prevent garnishment, lien, levy, penalties, and interest.
Free Case Review · Qualify - IRS Fresh Start · Experts On Your Side
Service catalog: Wage Garnishment Relief, IRS Tax Amnesty Program