I took a Money Voucher of over $900 USD to the Cashier window at Resorts World On line casino New York Metropolis. They requested me for my State ID and for some digits from my Social Safety Card. I handed them my ID, and I simply handed them my Social Safety card as a result of I occurred to have it on me. After inputting some data. within the laptop, they handed me again my playing cards they usually handed me the money.
I requested the teller if I’d be receiving any kind of 1099 within the mail, and she or he stated, “No. No Tax “blah, blah, blah” confirmed up” I am undecided what she stated, however I’m curious why nothing confirmed up saying that I must pay taxes on the winnings.
I do know technically I’ve to pay taxes on any cash earned, even when it is $1, however I am curious why no 1099 might be despatched to me. I assumed that one would for the reason that cash earned is over $600. May it’s as a result of the pc confirmed them that I am really “destructive” for the yr?
If any of you occur to know why, please let me know. Thanks.