Irs tax form w-2g instructions

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SSA EFW2 W-2 files and IRS formatted 1099-R, 1099-MISC, 1099-NEC, and W-2G files. · Corrected or amended W-2s in an EFW2 file. · Prior tax year (2016 - 2019) or File Form W-2G for every person to whom you pay $600 or more in gambling winnings if the winnings are at least 300 times the amount of the wager. If the person Box h—Employee's first name and initial, Last name, Suff. Box i—Employee's address and ZIP code. Boxes 1 through 20. Box 2—Federal income tax withheld. Boxes 5 If you receive a Form W-2G for gambling winnings, you must report the full amount of income shown on the W-2G on your tax return. The W-2G will also show anyYou may be required to withhold federal income tax from cash or noncash gambling winnings. See the current Instructions for Forms W-2G and 5754 for the rates.

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