W-2G

What is Form W-2G?

Form W-2G reports gambling earnings and tax withholdings. You'll receive a Form W-2G if you:

• Win $2,000 or more in gambling winnings that meet or exceed the applicable reporting threshold.
• The payout is at least 300 times the amount of your wager (except for winnings from bingo, keno, slot machines, and poker tournaments).

Who needs to file Form W-2G?

Casinos and other gambling establishments issue Form W-2G to recipients who meet the criteria for gambling winnings.

What's New for Tax Year 2026

Reporting threshold increased to $2,000: under the One Big Beautiful Bill Act (P.L. 119-21), the minimum reporting and backup-withholding threshold for gambling winnings rose from $600 to $2,000 for payments made during the 2026 calendar year. It will be adjusted for inflation each year starting in 2027.