Title 26 and Casinos

Overview

Title 26 of the Internal Revenue Codei requires casinos and card clubs with revenues of $1,000,000 or less to file information returns for gambling winnings over $1,200. This includes winnings from bingo, keno, and slot machine play. This course will discuss Title 26 and the various requirements and methods for reporting such winnings.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Objectives

  • Understand Title 26 of the Internal Revenue Code
  • Identify reportable gambling winnings
  • Be able to complete Form W-2G
  • Understand aggregate reporting

Designed For:

Casino and card club employees




Course Information

Adding additional credit may change exam requirements.