For guests of the Oneida Casino who engage in gaming activities throughout the year, understanding the importance of the Win/Loss Statement could be crucial, especially when preparing for tax season. This statement, accessible exclusively to Fun Club Members, weaves through the complexities of gaming finances by summarizing yearly wins and losses. Before the Oneida Casino can issue this vital document, members are required to submit a detailed Request Form. This initiation process mandates the member's signature, confirming the authenticity and consent for processing the statement which is then conveniently mailed to the member's address. The prompt suggests a processing timeline, advising members to allot 7 to 14 days during peak tax times for their request to be finalized. Additionally, the document underscores the necessity of accurate completion, including sensitive information such as the Tax Year requested, personal identification, and contact details. Pertinently, it reminds players of the tax implications tied to gambling wins and losses, hinting at the broader legal and fiscal responsibilities that accompany such earnings. The Oneida Casino Win/Loss Statement acts not only as a tool for personal record-keeping but also plays a significant role in the broader context of responsible gaming and tax compliance.
| Question | Answer |
|---|---|
| Form Name | Oneida Casino Win Loss Statement Form |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | Proc, Acct, win loss statement oneida, oneida win los |
Win/Loss Statements are available to Fun Club Members. In order for Oneida Casino to process a Win/Loss Statement, this Request Form is required. This form must be completed and signed by the Fun Club Member requesting the information. A Win/Loss Statement will be returned to the Fun Club Member by mail. Please allow 7 days (14 days during tax time) to process your request. Thank you.
PLEASE PRINT WHEN COMPLETING THIS FORM. |
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______________________________ |
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Tax Year Requested |
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___________________________________________ |
_____________________________________________ |
Name |
Players Club Acct. # |
_____________________________________________________________________________________________
Street Address |
City |
State |
Zip |
______________________________________ |
___________________________________________________ |
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Date of Birth |
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______________________________________ |
____________________________________ |
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Phone # |
Fax # |
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______________________________________________________________ |
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_____________________ |
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Customer Signature |
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Date |
_____________________________________________________________________________________________
Drivers License # or Social Security # (Must provide DL# or SS# for verification process)
______________________________________________________________ |
_____________________ |
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Players Club Employee verifying information |
Date |
Mail to: |
Oneida Casino/Fun Club |
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PO Box 365 |
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Oneida, WI 54155 |
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Disclaimer: Gaming losses in any year may be deducted on your taxes to the extent of reporting winnings in that year. The burden of substantiating losses is upon the customer/player. This statement is provided to assist the customer/player in substantiating losses.
The Oneida Tribe of Indians of Wisconsin and its Bingo and Casino operations, assumes no liability with regard to the accuracy of the customer/player’s losses, the identity of the person using the card, or any other aspect of this statement. The responsibility of substantiating any losses rests with the individual taxpayer. The Internal Revenue Service (IRS) may require additional documentation from the taxpayer when losses are claimed. Please review the appropriate IRS regulations and consult with a competent professional when preparing tax returns (26 USC sec. 6001; Proc