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...
AdDon't Wait, Start a 1-on-1 Accountant Chat Online Right Now. There's No Waiting or Hassle. Whatever the Problem, a Verified Tax Pro Can Solve It for You in Just Minutes Online.
No Waiting · 24-Hour Service · Expert Service · Verified Tax Experts
AdH&R Block® Offers A Wide Range Of Tax Prep Services To Help You Get Your Maximum Refund. Complete Your Tax Return With H&R Block® To Get The Max Refund, Guaranteed. Start Today!
Online & In-Person Filing · Make an Appointment · Match with a Tax Pro
Save
Share
More
