Letter From IRS Austin Texas

Tax office in Austin, United States
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As March Madness basketball brackets dominate our screens, it’s hard not to think about the 68 tea...

Frequently asked questions

Q:
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...
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