Is An IRS Change In Slot Machine Jackpot Thresholds Really Coming?
The IRS Advisory Council recently recommended that the threshold figure should be raised from $1,200 to $5,800.
Source: cpapracticeadvisor.com
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The IRS Advisory Council recently recommended that the threshold figure should be raised from $1,200 to $5,800.
It’s been 47 years since the IRS established $1,200 as the level at which W2G tax forms are issued. Is that dollar amount finally about to change?