Recovering U.S. Tax on Gambling Winnings
More than $5,000 in winnings (reduced by the wager or buy-in) from a poker tournament Any winnings subject to a federal income-tax withholding requirement If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24%. If you didn’t give the payer your tax ID number, the withholding rate is also 24%. Recovering your US gambling tax is painless with our help. We have never been refused a valid tax refund and are confident enough to offer a No Refund No Fee Guarantee to our clients. We only get paid after the IRS mails out your refund check. Contact us to find out how we can help you reclaim the IRS withheld tax on gambling winnings. Casino Winnings Are Not Tax-Free Casino winnings count as gambling income and gambling income is always taxed at the federal level. That includes cash from slot machines, poker tournaments.
As a Certifying Acceptance Agent (“CAA”) in Columbus, Ohio, Porter Law Office, LLC offers comprehensive gambling tax refund services. If you have visited a casino in the United States and won money gambling, you are well aware of the 30% tax that the casinos withhold from your gambling winnings.
Porter Law Office, LLC is a full-service law firm and CAA that assists residents of Canada and certain other countries claim a full refund of U.S. tax on gambling winnings withheld by the casino.
Gambling Tax Refund Attorney
Tax Refund On Us Casino Winnings 2019
Porter Law Office, LLC is an IRS-approved CAA who assists Canadians and other non-residents who gamble in the United States with recovering taxes withheld on gambling winnings. Matthew R. Porter is a tax and immigration lawyer who has the international taxation experience to assist you through the administrative channels of the IRS to secure your casino tax refund.
U.S. Casino Tax Refund Services
The IRS will not voluntarily issue your casino tax refund. You must start the process. Simply filing the required forms to obtain your casino tax refund is often times not enough. In fact, submitting an incomplete or inaccurate return can significantly delay your refund. Negotiating with the IRS during the gambling tax refund recovery process requires an in depth understanding of the IRS’s practices and procedures as well as the substantive gambling winnings and gambling loss record-keeping requirements.
Columbus tax attorney Matthew R. Porter has in depth experience negotiating with the IRS to recover frozen refunds of the gambling winnings tax. The IRS may freeze your gambling tax refund and require you to substantiate (prove) your gambling losses.
Release of Frozen Gambling Tax Refund
Tax Refund On Us Casino Winnings Online
In a representative case, Mr. Porter assisted with obtaining the release of a gambling tax refund of approximately $2M. The IRS had frozen the refund and audited the taxpayer. Specifically, the IRS requested that the taxpayer prove gambling losses. The company that assisted the taxpayer with filing the Form 1040NR obtained the ITIN and filed Form 1040NR for the taxpayer, but did not perform its legal due diligence. Mr. Porter assembled detailed documentation of the taxpayer’s gambling losses. After providing the IRS with the gambling loss documentation and legal arguments in favor of releasing the frozen refund, the IRS released 100% of the gambling taxes reported on the taxpayer’s Form 1040NR.
Disclaimer: Results may vary based on specific facts and circumstances surrounding each individual case.
Contact Porter Law Office, LLC
Porter Law Office, LLC will stand up to the IRS to ensure that you receive the casino tax refund to which you are entitled. Tax attorney Matthew R. Porter has the experience needed to obtain your casino tax refund. If you have not filed your Form 1040NR, or if you have filed and the IRS has frozen your casino tax refund, contact Porter Law Office today for a free consultation to discuss your case.