Gambling Winnings & Losses
Will the $1,000 I won at Keno be reported to the IRS ?
Generally, Keno winnings are reported on Form W-2G to the IRS if they are $1,500 or more reduced by the wager amount.
Need Professional Help?
If you need help with "Gambling Winnings & Losses" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.