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You’ll also receive a Form W-2G if the payer withholds federal income tax from your winnings. When the winnings are shared by more than one person, or when the person receiving gambling winnings is not the actual winner, Form 5754, Statement by Person(s) Receiving Gambling Winnings, is used instead of Form W-2G. Typically, the person ...
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To enter your gambling or prize winnings in TurboTax (even if you didn't receive a W-2G), please follow these steps: Click on Federal Taxes > Wages & Income [If you're in TT Home & Biz: Personal > Personal Income] ; In the Less Common Income section , click on the Start/Update box next to gambling winnings. (See Screenshot #1, below.) On the Gambling Winnings screen, click the Yes box. Never got a W2G From my Blackjack Winnings? What should i Do ...
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