Us Withholding Tax On Casino Winnings

Casino Tax Refunds for Canadians

  1. Us Withholding Tax On Casino Winnings 2017
  2. Us Withholding Tax On Gambling Winnings

As it happens, there's a different, more favorable, set of rules for someone who is a US citizen or an alien who resides in the United States. Those rules similarly tax gambling winnings. However, gambling losses are deductible up to the amount of winnings, a relief provision that, as I explained, is unavailable to someone like you. Casino Tax Rebate® offers Casino Tax Refund services for Canadians and other non-US Residents. We help Canadians and other International visitors to the USA recover the federal tax withheld on USA gambling winnings. Casino Tax Rebate is registered with.

After all this time gambling at the casinos you finally win that big jackpot in Las Vegas.

When you collect your US gambling winnings, imagine the surprise at having a 30% casino tax deducted from your money! Yes, in the United States gambling winnings are considered taxable income and are taxed at 30%. This is generally a surprise to foreign gamblers, as in their home country these casino winnings are not taxed at all. But don't worry; CasinoTax Rebate® can help you recover this 30% withholding tax for you.

Winnings

How it works...

The IRS requires that casinos and other gambling establishments withhold 30% from the winnings of International visitors. However, due to the U.S. Canada Tax Treaty, Canadians can offset gambling losses against the winnings reported on form 1042-S. and get some or all of the gambling tax back! Non U.S. citizens that are residents of certain other countries may also qualify for a casino tax refund of the 30% withholding on their casino winnings.

Why choose us..

Us Withholding Tax On Casino Winnings

When choosing a company to recover your casino tax refund many people base it entirely on price, however filing a casino tax recovery is a lot more than filling out forms and mailing them away to the IRS. Just search the term 'IRS poor service' and you will realize why we typically spend more time getting your taxes back after the papers are filed with the IRS than before. First the IRS are underfunded and make a lot of errors themselves. Hard to believe, but from our experience at least 10% of filings will encounter some IRS glitch. With wait times to talk to the IRS in excess of 35 minutes and the quality of the 'tax assisters' abysmal, good luck successfully navigating the IRS maze yourself. If you are the unlucky 10% it takes a tremendous amount of time and energy pushing your refund out. We pride ourselves on our customer service and you can be rest assured we will take all the time necessary to get your money back.

Questions? Call us toll free 1-800-959-3387 from Canada or the US 24/7.


Us Withholding Tax On Casino Winnings 2017

Us Withholding Tax On Gambling Winnings

Information Articles on US Casino Tax Recovery