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...
AdOur Experts Help You Understand Your Taxes & Review Them To Make Sure Nothing Is Missed. Get Your Taxes Done Right With A Real Expert By Your Side. File With Confidence.
Forward-Looking Features And Comprehensive Design – NerdWallet
AdFree Federal Tax Preparation Software. Prepare Federal and State Taxes Online Today! E-file your taxes directly to the IRS. Guaranteed maximum refund.
"a reliable and efficient company" – Smart Asset