W2G Forms

[S T]

I just discovered after entering 53 W2-G forms, that IRS is no longer accepting efiled returns with W2G entries of more than 30 - My software says either to correct or paper file.

Is it necessary to list each W2G form or can I combine by Casino ID# to reduce entries to 30 to qualify for efiling?

Sandy

[taxmandan]

I would combine by casino. Since the total $$ is all that is listed on the 1040, I don't see how it would matter to theIRS, even if there is withholding, only the total amount shows on the tax forms.

[Edsel]

Paper File

I guess unless there were a compelling need to e-file, I would file a paper return.

IRS created the need by their own limitation, and they should have to deal with having to enter all these gambling information returns. Of course, it may just be a matter of their system having capacity to accommodate the volume, but Sandy's software obviously can handle it, so why not theirs?

Maybe a better question would be why the IRS wishes for all this mess to be sent in (if not a capacity problem). Snooping on behavior patterns maybe? I doubt it, because they are probably too pre-occupied to care. But I do remember getting on a casino boat in St. Louis and having to log in because the State of Missouri was tracking for Missouri problem gamblers, so they could intercept them and disallow egress. There was another boat on the Illinois side that didn't do this.

[Peachie]

I would combine Sandy.

I just discovered after entering 53 W2-G forms, that IRS is no longer accepting efiled returns with W2G entries of more than 30 - My software says either to correct or paper file.

Is it necessary to list each W2G form or can I combine by Casino ID# to reduce entries to 30 to qualify for efiling?

Sandy

Saves you a lot of data entry. You have the forms there for verification. Take the easy route, why not?

Peachie

[S T]

Thanks

Thank you Everyone, Unfortunately I don't have all the records, as the client doesn't seem to be able to find them, so I am relying on what I can acquire through the EServices online Wage and Income Reports.

T/p did manage to find a few more once I notified what I found on the IRS record, and they are searching over the weekend. Some are in purses, some in the trunk of the car, etc
big signed off engagement letter on this T/P

Sandy

[gkaiseril]

The client should also report any winnings not on a W2-G.

If the client claims losses, the gains and losses can be combined by each day.

Your client may need to provide a log of his/her gambling activity.