Form W2 G PDF Details

Are you expecting a Form W2-G in the mail? If so, what is it and why did you receive it? A Form W2-G is an IRS form that is issued to individuals who have gambling winnings or losses from bingo, keno, lottery tickets, or any other type of wager. The form reports the amount of winnings or losses and the tax withheld. It's important to understand what this form is and how it affects your taxes so you can file your return accurately. Stay tuned for our upcoming blog post all about Form W2-G!

QuestionAnswer
Form NameForm W2 G
Form Length8 pages
Fillable?No
Fillable fields0
Avg. time to fill out2 min
Other namestdd, nonresident, form w 2g 2021, w2g form 2021

Form Preview Example

3232

VOID

CORRECTED

PAYER’S name, street address, city or town, province or state, country,

1 Reportable winnings

2 Date won

OMB No. 1545-0238

 

 

 

and ZIP or foreign postal code

 

 

Form W-2G

 

 

 

 

 

 

$

 

Certain

 

 

3 Type of wager

4 Federal income tax withheld

Gambling

 

 

 

$

Winnings

 

 

5 Transaction

6 Race

(Rev. January 2021)

 

 

 

 

 

 

 

 

For calendar year

 

 

7 Winnings from identical wagers

8 Cashier

20

 

 

 

 

 

 

 

 

 

PAYER’S federal identification number

PAYER’S telephone number

$

 

 

 

 

 

 

9 Winner’s taxpayer identification no.

10 Window

 

 

 

 

 

 

 

For Privacy Act

 

 

 

 

and Paperwork

 

 

 

 

Reduction Act

WINNER’S name

11 First identification

12 Second identification

Notice, see the

 

 

 

 

current General

 

 

 

 

Instructions for

 

 

 

 

Certain Information

Street address (including apt. no.)

13 State/Payer’s state identification no.

14 State winnings

Returns.

 

 

 

 

 

 

 

$

 

 

 

City or town, province or state, country, and ZIP or foreign postal code

15 State income tax withheld

16 Local winnings

 

 

 

 

 

 

 

File with Form 1096

 

 

$

$

 

 

 

 

 

17 Local income tax withheld

18 Name of locality

Copy A

 

 

 

 

For Internal Revenue

 

 

$

 

Service Center

Under penalties of perjury, I declare that, to the best of my knowledge and belief, the name, address, and taxpayer identification number that I have furnished correctly identify me as the recipient of this payment and any payments from identical wagers, and that no other person is entitled to any part of these payments.

Signature

 

 

Date

Form W-2G (Rev. 1-2021)

Cat. No. 10138V

www.irs.gov/FormW2G

Department of the Treasury - Internal Revenue Service

Do Not Cut or Separate Forms on This Page – Do Not Cut or Separate Forms on This Page

VOID

CORRECTED

PAYER’S name, street address, city or town, province or state, country,

1 Reportable winnings

2 Date won

and ZIP or foreign postal code

 

 

 

 

$

 

 

 

 

 

 

 

3

Type of wager

4

Federal income tax withheld

 

 

 

 

 

$

 

 

 

 

5

Transaction

6

Race

 

 

 

 

 

 

 

 

 

7

Winnings from identical wagers

8

Cashier

 

 

 

 

 

 

 

 

PAYER’S federal identification number

PAYER’S telephone number

$

 

 

 

 

 

 

 

9

Winner’s taxpayer identification no.

10

Window

 

 

 

 

 

 

WINNER’S name

11

First identification

12

Second identification

 

 

 

 

 

Street address (including apt. no.)

13

State/Payer’s state identification no.

14

State winnings

 

 

 

 

 

$

 

 

City or town, province or state, country, and ZIP or foreign postal code

15

State income tax withheld

16

Local winnings

 

 

$

 

 

$

 

 

 

 

17

Local income tax withheld

18

Name of locality

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

OMB No. 1545-0238

Form W-2G

Certain

Gambling

Winnings

(Rev. January 2021)

For calendar year 20

Copy 1

For State, City,

or Local Tax

Department

Under penalties of perjury, I declare that, to the best of my knowledge and belief, the name, address, and taxpayer identification number that I have furnished correctly identify me as the recipient of this payment and any payments from identical wagers, and that no other person is entitled to any part of these payments.

Signature

 

Date

Form W-2G (Rev. 1-2021)

www.irs.gov/FormW2G

Department of the Treasury - Internal Revenue Service

CORRECTED (if checked)

PAYER’S name, street address, city or town, province or state, country,

1 Reportable winnings

2 Date won

OMB No. 1545-0238

 

 

 

and ZIP or foreign postal code

 

 

Form W-2G

 

 

 

 

 

 

$

 

Certain

 

 

3 Type of wager

4 Federal income tax withheld

Gambling

 

 

 

$

Winnings

 

 

5 Transaction

6 Race

(Rev. January 2021)

 

 

 

 

 

 

 

 

For calendar year

 

 

7 Winnings from identical wagers

8 Cashier

20

 

 

 

 

 

 

 

 

 

PAYER’S federal identification number

PAYER’S telephone number

$

 

 

 

 

 

 

9 Winner’s taxpayer identification no.

10 Window

 

 

 

 

 

 

 

This information

 

 

 

 

is being furnished

WINNER’S name

11 First identification

12 Second identification

to the Internal

 

 

 

 

Revenue Service.

 

 

 

 

 

 

Street address (including apt. no.)

13 State/Payer’s state identification no.

14 State winnings

 

 

 

 

 

 

 

 

 

 

 

 

 

$

Copy B

 

 

 

Report this income

City or town, province or state, country, and ZIP or foreign postal code

15 State income tax withheld

16 Local winnings

on your federal tax

 

 

 

 

 

 

 

 

return. If this form

 

 

$

$

shows federal

 

 

income tax

 

 

17 Local income tax withheld

18 Name of locality

 

 

withheld in box 4,

 

 

 

 

 

 

 

 

attach this copy

 

 

$

 

to your return.

Under penalties of perjury, I declare that, to the best of my knowledge and belief, the name, address, and taxpayer identification number that I have furnished correctly identify me as the recipient of this payment and any payments from identical wagers, and that no other person is entitled to any part of these payments.

Signature

 

Date

Form W-2G (Rev. 1-2021)

www.irs.gov/FormW2G

Department of the Treasury - Internal Revenue Service

CORRECTED (if checked)

PAYER’S name, street address, city or town, province or state, country,

1 Reportable winnings

2 Date won

OMB No. 1545-0238

 

 

 

and ZIP or foreign postal code

 

 

Form W-2G

 

 

 

 

 

 

$

 

Certain

 

 

3 Type of wager

4 Federal income tax withheld

Gambling

 

 

 

$

Winnings

 

 

5 Transaction

6 Race

(Rev. January 2021)

 

 

 

 

 

 

 

 

For calendar year

 

 

7 Winnings from identical wagers

8 Cashier

20

 

 

 

 

 

 

 

 

 

PAYER’S federal identification number

PAYER’S telephone number

$

 

 

 

 

 

 

9 Winner’s taxpayer identification no.

10 Window

This is important tax

 

 

 

 

information and is

 

 

 

 

being furnished to

 

 

 

 

the Internal Revenue

WINNER’S name

11 First identification

12 Second identification

Service. If you are

 

 

 

 

required to file a

 

 

 

 

return, a negligence

 

 

 

 

penalty or other

Street address (including apt. no.)

13 State/Payer’s state identification no.

14 State winnings

sanction may be

imposed on you if

 

 

 

 

 

 

 

 

this income is

 

 

 

$

taxable and the

 

 

 

IRS determines

City or town, province or state, country, and ZIP or foreign postal code

15 State income tax withheld

16 Local winnings

that it has not

 

 

 

 

 

 

 

 

been reported.

 

 

$

$

 

 

 

 

 

17 Local income tax withheld

18 Name of locality

 

 

 

 

 

 

 

Copy C

 

 

$

 

For Winners Records

Under penalties of perjury, I declare that, to the best of my knowledge and belief, the name, address, and taxpayer identification number that I have furnished correctly identify me as the recipient of this payment and any payments from identical wagers, and that no other person is entitled to any part of these payments.

Signature

 

Date

Form W-2G (Rev. 1-2021)

www.irs.gov/FormW2G

Department of the Treasury - Internal Revenue Service

Instructions to Winner

Box 1. The payer must furnish a Form W-2G to you if you receive:

1.$1,200 or more in gambling winnings from bingo or slot machines;

2.$1,500 or more in winnings (reduced by the wager) from keno;

3.More than $5,000 in winnings (reduced by the wager or buy-in) from a poker tournament;

4.$600 or more in gambling winnings (except winnings from bingo, keno, slot machines, and poker tournaments) and the payout is at least 300 times the amount of the wager; or

5.Any other gambling winnings subject to federal income tax withholding.

Generally, report all gambling winnings on the “Other income” line of Schedule 1 (Form 1040). You can deduct gambling losses as an itemized deduction, but you cannot deduct more than your winnings. Keep an accurate record of your winnings and losses, and be able to prove those amounts with receipts, tickets, statements, or similar items that you have saved. For additional information, see Pub. 529, Miscellaneous Deductions; and Pub. 525, Taxable and Nontaxable Income.

Box 4. Any federal income tax withheld on these winnings is shown in this box. Federal income tax must be withheld on certain winnings less the wager.

Certain winnings that are not subject to regular gambling withholding may be subject to backup withholding if you did not provide your federal identification number to the payer.

Include the amount shown in box 4 on your Form 1040 or 1040-SR as federal income tax withheld. See Pub. 505, Tax Withholding and Estimated Tax, for additional information.

Signature. You must sign Form W-2G if you are the only person entitled to the winnings and the winnings are subject to regular gambling withholding. Return the signed form to the payer, who will give you your copies.

Other winners. Prepare Form 5754, Statement by Person(s) Receiving Gambling Winnings, if another person is entitled to any part of these winnings. Give Form 5754 to the payer, who will use Form 5754 to prepare Form W-2G for each person listed as a winner.

Future developments. For the latest information about developments related to Form W-2G and its instructions, such as legislation enacted after they were published, go to www.irs.gov/FormW2G.

CORRECTED (if checked)

PAYER’S name, street address, city or town, province or state, country,

1 Reportable winnings

2 Date won

and ZIP or foreign postal code

 

 

 

 

$

 

 

 

 

 

 

 

3

Type of wager

4

Federal income tax withheld

 

 

 

 

 

$

 

 

 

 

5

Transaction

6

Race

 

 

 

 

 

 

 

 

 

7

Winnings from identical wagers

8

Cashier

 

 

 

 

 

 

 

 

PAYER’S federal identification number

PAYER’S telephone number

$

 

 

 

 

 

 

 

9

Winner’s taxpayer identification no.

10

Window

 

 

 

 

 

 

WINNER’S name

11

First identification

12

Second identification

 

 

 

 

 

Street address (including apt. no.)

13

State/Payer’s state identification no.

14

State winnings

 

 

 

 

 

$

 

 

City or town, province or state, country, and ZIP or foreign postal code

15

State income tax withheld

16

Local winnings

 

 

$

 

 

$

 

 

 

 

17

Local income tax withheld

18

Name of locality

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

OMB No. 1545-0238

Form W-2G

Certain

Gambling

Winnings

(Rev. January 2021)

For calendar year 20

Copy 2

Attach this copy to your state, city, or local income tax return, if required.

Under penalties of perjury, I declare that, to the best of my knowledge and belief, the name, address, and taxpayer identification number that I have furnished correctly identify me as the recipient of this payment and any payments from identical wagers, and that no other person is entitled to any part of these payments.

Signature

 

Date

Form W-2G (Rev. 1-2021)

www.irs.gov/FormW2G

Department of the Treasury - Internal Revenue Service

VOID

CORRECTED

PAYER’S name, street address, city or town, province or state, country,

1 Reportable winnings

2 Date won

OMB No. 1545-0238

 

 

 

and ZIP or foreign postal code

 

 

Form W-2G

 

 

 

 

 

 

$

 

Certain

 

 

3 Type of wager

4 Federal income tax withheld

Gambling

 

 

 

$

Winnings

 

 

5 Transaction

6 Race

(Rev. January 2021)

 

 

 

 

 

 

 

 

For calendar year

 

 

7 Winnings from identical wagers

8 Cashier

20

 

 

 

 

 

 

 

 

 

PAYER’S federal identification number

PAYER’S telephone number

$

 

 

 

 

 

 

9 Winner’s taxpayer identification no.

10 Window

 

 

 

 

 

 

 

For Privacy Act

WINNER’S name

11 First identification

12 Second identification

and Paperwork

 

 

 

 

Reduction Act

 

 

 

 

Notice, see the

 

 

 

 

current General

Street address (including apt. no.)

13 State/Payer’s state identification no.

14 State winnings

Instructions for

 

 

 

 

 

 

 

 

Certain Information

 

 

 

$

Returns.

 

 

 

 

 

 

City or town, province or state, country, and ZIP or foreign postal code

15 State income tax withheld

16 Local winnings

 

 

 

 

 

$

$

 

 

 

 

 

17 Local income tax withheld

18 Name of locality

 

 

 

 

 

 

 

Copy D

 

 

$

 

For Payer

Under penalties of perjury, I declare that, to the best of my knowledge and belief, the name, address, and taxpayer identification number that I have furnished correctly identify me as the recipient of this payment and any payments from identical wagers, and that no other person is entitled to any part of these payments.

Signature

 

Date

Form W-2G (Rev. 1-2021)

www.irs.gov/FormW2G

Department of the Treasury - Internal Revenue Service

Instructions for Payer

To complete Form W-2G, use:

The current General Instructions for Certain Information Returns, and

The current Instructions for Forms W-2G and 5754.

To order these instructions and additional forms, go to www.irs.gov/FormsPubs.

Due dates. For filing and furnishing instructions, including due dates, and to request filing or furnishing extensions, see the current General Instructions for Certain Information Returns.

To file electronically, you must have software that generates a file according to the specifications in Pub. 1220.

Withholding. You may be required to withhold federal income tax from cash or noncash gambling winnings. See the current Instructions for Forms W-2G and 5754 for the rates.

Foreign winners. Use Form 1042-S, Foreign Person’s U.S. Source Income Subject to Withholding, to report gambling

winnings paid to nonresident aliens and foreign corporations. See the Instructions for Form 1042-S. Also, see Pub. 515, Withholding of Tax on Nonresident Aliens and Foreign Entities.

Form 5754. If the person receiving the winnings is not the actual winner or is a member of a group of winners, see the instructions for Form 5754, Statement by Person(s) Receiving Gambling Winnings, in the current Instructions for Forms W-2G and 5754.

Need help? If you have questions about reporting on Form W-2G, call the information reporting customer service site toll free at 866-455-7438 or 304-263-8700 (not toll free). If you are deaf, hard of hearing, or have a speech disability and have access to TTY/TDD equipment, you can call 304-579-4827 (not toll free).

Future developments. For the latest information about developments related to Form W-2G and its instructions, such as legislation enacted after they were published, go to www.irs.gov/FormW2G.

How to Edit Form W2 G Online for Free

It is possible to fill out tdd effectively using our online PDF editor. To maintain our tool on the forefront of convenience, we work to adopt user-oriented capabilities and improvements on a regular basis. We're routinely looking for feedback - play a pivotal role in revampimg the way you work with PDF docs. Starting is easy! All you need to do is adhere to the next easy steps below:

Step 1: Click the "Get Form" button in the top section of this webpage to access our PDF tool.

Step 2: With this advanced PDF file editor, you can actually do more than merely complete blank fields. Edit away and make your forms seem perfect with customized text put in, or fine-tune the file's original content to excellence - all that comes with the capability to add stunning images and sign the document off.

When it comes to blank fields of this specific PDF, here is what you need to know:

1. Complete the tdd with a group of major blanks. Note all of the necessary information and make certain there is nothing forgotten!

Filling out part 1 of formw2g

2. Once the last array of fields is completed, it is time to add the essential particulars in Under penalties of perjury I, Signature, Form WG Rev, Cat No V, wwwirsgovFormWG, Department of the Treasury, Date, and Do Not Cut or Separate Forms on allowing you to go to the next stage.

Part # 2 for submitting formw2g

3. The following step is related to VOID, CORRECTED, PAYERS name street address city or, Reportable winnings, Date won, PAYERS federal identification, Type of wager, Transaction, Federal income tax withheld, Race, Winnings from identical wagers, Cashier, Winners taxpayer identification, WINNERS name, and First identification - type in all of these blanks.

Stage # 3 for filling in formw2g

4. The fourth part comes next with the following fields to fill out: Local income tax withheld, Name of locality, Under penalties of perjury I, Signature, Form WG Rev, wwwirsgovFormWG, Department of the Treasury, and Date.

Writing part 4 in formw2g

It's simple to make an error while completing your Local income tax withheld, so make sure you go through it again prior to deciding to send it in.

5. When you draw near to the completion of your document, there are actually several more requirements that must be fulfilled. Notably, PAYERS name street address city or, CORRECTED if checked Reportable, Type of wager, Transaction, Date won, Federal income tax withheld, Race, PAYERS federal identification, Winnings from identical wagers, Cashier, Winners taxpayer identification, WINNERS name, First identification, Second identification, and Street address including apt no should be filled in.

Best ways to fill in formw2g step 5

Step 3: Soon after looking through the entries, hit "Done" and you're all set! Go for a 7-day free trial account with us and get immediate access to tdd - downloadable, emailable, and editable from your FormsPal account. FormsPal offers safe form completion with no data recording or distributing. Rest assured that your details are secure with us!