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Reader Polls Feedback for:  August 15, 2014 through August 24, 2014
Answer our reader Poll, win 1 free $40+ Show ticket!   Each Reader Poll, the 2 best replies each week will receive one $40+ show ticket! The 2 winners will be selected by Richard Reed, IVLV owner.



A tax reform group contacted Insider Viewpoint of Las Vegas this week and asked the following questions. This week’s Reader Poll asks, when a person wins more than $1200 on slot machines (including video poker, keno, etc.) they are required to fill out an IRS form before they can receive their money. The tax reform group wants to know would anyone be interested in banning together to raise the amount above the current $1200 reporting rule, maybe raise it to $2000 or $2500 or should it be removed all together? What is your opinion? We want to hear from you. (See other Readers’ opinions below.)

slot machine winners fill out irs forms above 1200 or moreirs forms above 1200 or more

PLEASE NOTE: The following text entries are the exact words of our readers
and may not be full sentences, correct grammar or correct spelling.

Reader Poll Replies:

I dont think it matters since i cannt remember the last time i hit a mjor jackpot. Donald Smith

Yes, any time we can keep the government recording out of our money is a good thing. Sue B. San Diego, CA

I am more of a table player person, but i see no reason why they want to gather income on slot wins when you can win millions on the tables and never fill out a form. Rance S. Chicago, IL

I think raising it to 2000 or 2500 would be great! Roberta Combs Lexington, Ky

It should be removed all together! The W-2G issued represents a Gross payout of a single win, not Net winnings. You could be a winner once but still be a Net Loser and be liable for taxes based upon the W-2G issued. It's so aggravating and also doesn't take into account foreign visitors who win but may not be liable for US taxes, yet have money withheld from payouts wrongly. James Howard High Point, NC

The minimum should definitely be raised to at least $2500! Terri Spiegel Boca Raton, FL

I have only won one jackpot ever and to think the irs is told i won that small amount compared to the thousands i have lost it seems rediculous. I dont think there should be any reporting to the irs. Daniel Dallas TX

My opinion is they should do away with any government reporting. Mark L. Chicago IL



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