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...
AdExperts Review and Recommend Your Best Resolution Options, Free of Charge or Obligation. TaxReliefCenter.org has served over 2.4 million taxpayers in need of help with back taxes
Site visitors: Over 10K in the past month
Free consultation · 2.4 million served · Expert tax resolution