What is IRS Form W-2G?


IRS Form W-2G is used to report acquisition or abandonment of secured property.
Example use: Debtors use this form to report the foreclosure of a property you borrowed money to purchase.

# of forms 1-10 11-100 101-500 501+ 1K+
pricing tier $2.90/form $1.90/form $0.90/form $0.55/form Contact us!

When would you need to file a W-2G?

  • To report gambling winnings and any federal income tax withheld on those winnings, you must file this form.
  • If the gambling winnings are more than $600 (except winnings from bingo, keno, slot machines, and poker tournaments) and the payout is at least 300 times the amount of the wager, you must file this form.
  • For more,visit www.irs.gov

Important dates


With Tax1099.com, you can schedule the date that your forms are transmitted to the IRS. Scheduling your forms gives you time between when we email/USPS your forms to vendors, and when we send the forms to the IRS. This is useful because your vendors may have edits to make. You can make those changes in Tax1099 before the scheduled date at no extra charge. We automatically schedule your IRS eFile transmission at a week away from when you submit, or by the deadline. You can edit this date to match your preference.

Filing Type Due Date
Recipient copy Jan 31, 2020
IRS eFile March 31, 2020
IRS Paper Filing Feb 28, 2020

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E-file Your Tax with Tax1099

Electronically-filed W-2G forms are directly transmitted to the IRS from Tax1099.

You will receive IRS acknowledgement of your eFile by email within 3 - 7 business days.

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# of forms 1-10 11-100 101-500 501+ 1K+
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