Legacy Tax & Resolution Services

Ask the Taxman- Will I get a 1099 for my Blackjack winnings next year?

Ask the Taxman-  Will I get a 1099 for my Blackjack winnings next year?

Source:  Quora

Answer:

The casino does not issue a W2-G/1099 on table games such as poker or blackjack like they do for slots. This does mean the income is not taxable. Remember that purposely not reporting taxable income is a felony, and if the IRS comes to you, you will be in a bad position. Also know that the IRS monitors searchable public forums like Quora

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