The slot reporting threshold is governed by an IRS regulation, so the change will not go into effect until the agency updates ...

“While raising the slot reporting threshold to $2,000 is a step in the right direction, it is still inadequate," Titus, a ...

The tax law that President Donald Trump signed in early July — the One Big Beautiful Bill Act — quietly raised the federal tax reporting threshold for slot winnings from $1,200 to $2,000. This is the ...

For gamblers accustomed to the $1,200 threshold for slot machine jackpots, it’s big news. Slots that lock up while the player ...

Currently, when a casino patron wins a slot machine jackpot of $1,200 or more, the machine is temporarily taken out of service while the patron is required to complete a W-2G tax reporting form ...