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An Individual Taxpayer Identification Number (ITIN) is issued to nonresident aliens who do not have a Social Security Number and is used for tax purposes only. Land Based Casino A land based casino is one which is located on land and is owned either by individuals and/or corporations which have their gambling operation overseen by a state. Obtain a US taxpayer identification number (ITIN) using Form W-7 with the IRS (this is attached to the tax return being filed). Gather all your tax forms given to you by the gambling institutions. File a US tax return for non-residents, Form 1040NR (a 5 page form) for each year.

1. Itin Number Purpose
2. Itin Number Proof Identity Needed

ITIN stands for 'Individual Taxpayer Identification Number'. This is a tax id assigned by the US IRS to foreigners who need to file reports, request refunds, or otherwise interact with the IRS while not being eligible for an SSN. If you don’t have an ITIN, reside in a Tax Treaty country, and plan on playing in the World Series of Poker this summer, you may want to make an appointment with the IRS so that you can start the process of obtaining your ITIN prior to playing. Hopefully, the IRS and/or Congress will reconsider this policy.

If you are non-U.S. citizen or resident and have played at the World Series of Poker (or any other U.S.-based poker tournament), you are familiar with the taxation process that occurs after you win. However, if this is your first U.S.-based tournament series, there are a few things you should familiarize yourself with before making the journey this summer:

Itin Number Purpose

32 Please note that the Internal Revenue Service issues an Individual Taxpayer Identification Number ('ITIN') to be used as a tax processing number for individuals who do not qualify to obtain Social Security Numbers ('SSNs'). Since an ITIN is not acceptable as a primary means of identification for purposes of completing Items 14 and 28 on the.

Will I have any of my winnings withheld?

If you win more than $5,000 (after buy-in) and are not a U.S. citizen or resident, you might have 30% of your winnings withheld at the payout window. However, certain countries have tax treaties with the U.S., which exclude gambling winnings from taxation. If you are a resident of one of the following countries and have an ITIN, you should not have any money withheld:

What is an ITIN?

ITIN stands for Individual Taxpayer Identification Number. This number allows non-U.S. citizens or residents to file U.S. tax returns. Once you receive an ITIN, you can use it at the payout window to ensure no money is withheld (if you are a resident of a qualifying country)

How do I receive an ITIN?

You must apply for one with the U.S. government, which can be done by using a Certified Acceptance Agent in the U.S.

What documentation do I need to apply for an ITIN?

You must have a certified copy of your passport. It must be certified by the issuing country and cannot be notarized

What if I am not a resident of one of the countries listed above?

Itin Number Proof Identity Needed

The casino should withhold 30% of your gross winnings and give you Form 1042-S, which shows the amount of money you won and the amount of tax that was withheld. This form is important to the tax return process, so you should make sure to keep this form until the tax return is submitted

Is it possible to receive a refund?

If you meet the requirements, you can file a U.S. tax return to determine if you are due a refund

When can I file a U.S. tax return?

Tax returns can be filed in March of the following year. So if you had money withheld in 2017, you would be able to submit a tax return in March 2018

What information do I need to file a tax return?

In order to file a return, you must have the tax form you received from the casino (Form 1042-S) and a summary of your total gambling winnings and gambling losses

How long does the refund process take?

If you are applying for an ITIN and a refund, the entire process takes 6-8 months. However, if you have already been issued an ITIN, the refund process will take 3-4 months

How will I receive my refund?

The U.S. government will send a check to the address submitted on the return that can be cashed worldwide. If you have a U.S. bank account, the money can also be deposited in that account

If I had money withheld in the past, can I receive a refund?

You are able to go back three years (from the due date of the tax return) to receive a refund. So as of this Q&A, you would be able to go back to 2013 to receive a refund for money withheld

Kondler & Associates, CPAs is a full-service accounting and financial consulting firm with locations in Las Vegas, NV and Atlantic City, NJ. The firm, led by President and Owner Ray Kondler, CPA, specializes in individual and corporate tax preparation and has developed an expertise within the gaming industry over the past 10 years. As a Certified Acceptance Agent, Kondler & Associates has helped hundreds of non-U.S. citizens receive ITINs and tax refunds for excess money withheld.

If you would like to receive more information about our services or schedule a free consultation please contact us at (702) 433-7075 or visit our website www.PokerCPA.com

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