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...
AdGet Immediate IRS Help From Our Tax Advocates. Estimate Your IRS Debt Relief Today. In Just Minutes, Our Calculator Can Estimate How Much You Could Save on IRS Back Taxes.
Service catalog: IRS & Tax Forgiveness, Section 89 - Relief, Tax - Relief & Help