Changes to slot jackpot tax reporting

Tax Reporting Update

Changes To Slot Jackpot Tax Reporting

Here's What To Know

We appreciate your continued loyalty to Catawba Two Kings Casino and want to share an important tax reporting update.

Please be advised that we will continue to issue IRS Form W-2G for all taxable jackpots of $1,200 or more, in accordance with federal regulations. While there has been discussion regarding an increase in the reporting threshold to $2,000, we will follow the existing rules until we receive notification and guidance from the Internal Revenue Service (IRS) confirming the change. If any tax adjustments become necessary due to the timing of this law change, those adjustments must be handled directly with your tax professional and the IRS.

Two Kings team members are not trained to provide tax advice, and we encourage you to consult your advisor regarding your personal tax situation. Thank you for your understanding.