does tvg send 1099s for gambling winnings

I've tried to contact Draftkings to get a clear answer, but basically just got some sort of generic response, not really addressing what I'm actually wondering about.īasically I don't want to continue to do this unless I have a clear understanding of what I will be taxed on. I don't know if Draftkingss changed up the way this looks, or if I'm missing something. How do I see my net profit for a month/year on Draftkings Sportsbook? The only article I can find that addresses this is:īut when go to my transaction history for the different months I played, or even for the year, I can only see something like the picture, with no 'Net Total' line.only a win/loss line. I understood it as the total amount that I won for the year, but some people I've talked to said things like 'only when you're paid out over $600 on a bet'.that seems a little misleading to me.and of course the people giving me that advice aren't tax professionals. I get confused easily (have MS so I'm working with basically a brain with a bunch of holes in it, so I want to make sure I understand before I get myself in a load of financial trouble due to lack of understanding lol).When everyone started using Draftkings once Ohio sports betting was legal, I started also.but now I'm super confused on what I'll actually be taxed on. I'm trying to be proactive in saving the mount I would need to pay my taxes next year, even though it's doubtful I'll even earn that much from occasional betting of like $5.00 on Draftkings Sportsbook. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER and visit) /r/problemgambling * Gambler's Anonymous Contact Information. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER and visit /r/problemgambling

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Does tvg send 1099s for gambling winnings