Am I taxed on my DraftKings withdrawals?
DraftKings customers in the United States aren't taxed on their withdrawal
Where can I find my DraftKings tax forms / documents (1099/ W-2G)?
If you qualify to receive tax forms from DraftKings (IRS Forms 1099/W-2G), you can access the information directly from the Document Center.
Do you have to pay taxes on DraftKings winnings?
According to the law, fantasy sports winnings of any size are considered taxable income. So, if you enter a daily fantasy sports contest on DraftKings.
Why am I being asked to fill out an IRS Form W-9 for DraftKings?
DraftKings customers are required to fill out an IRS Form W-9 following a reportable win. The requirements for reporting and withholding depend on: The taxable
How do I update personal information on my tax forms (1099-Misc / W-2G) for DraftKings?
To ensure that DraftKings has the correct information for the tax forms, please visit the DraftKings Tax ID form to confirm or update your details. Doc center
What a tax is?
English Language Learners Definition of tax. (Entry 1 of 2) : an amount of money that a government requires people to pay according to their income, the value o
How do I get a Win/Loss Statement from DraftKings?
You may contact our Customer Support team to request a Win/Loss Statement that details your account activity for a requested time period.
Is there documentation to help me claim credit for IRS withholdings?
Yes, the IRS Form W-2G is the tax form used to report gambling winnings and any state or federal income tax withheld on those winnings.
what tax form is for the DFS?
1099
what tax form is for Gaming?
W2G
What is a big win for SB?
For Sportsbook, Table Games, and Live Dealer games, a "Big Win" would be considered a payout of $600 or more AND 300x the size of your wager.
What is the withholding?
The tax withholding is only a backup for tax purposes regulated by the IRS. The amount withheld may not be the correct amount that you will end up paying to the
SB WH
We will **withhold 24%** federal income tax of the total reportable winnings if they equal or exceed $5,000 and the winnings are at least 300X times the wager.
