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...
AdIRS-Approved E-File Provider. We've Filed Over 71 Million Tax Returns with The IRS. E-File Directly to the IRS with Powerful, Easy-to-Use Tax Prep Software.
Simple or Advanced—$0 Fed · Completely Free Federal · Rated 4.8 out of 5 Stars
"a reliable and efficient company" – Smart Asset