Purpose of form. You must complete Form 5754 if you receive gambling winnings either for someone else or as a member of a group of two or more people sharing the winnings, such as by sharing the same winning ticket.

2025年1月21日 · Form 5754 is to be completed if you receive gambling winnings either for someone else or as a member of a group of winners on the same winning ticket.

2021年2月19日 · Use Form 5754, Statement by Person (s) Receiving Gambling Winnings, to prepare Form W-2G only when the person receiving gambling winnings subject to reporting or withholding isn't the actual winner or is a member of a group of two or more people sharing the winnings, such as by sharing the proceeds of the same winning ticket.

2024年3月25日 · What is IRS Form 5754 used for? You must complete Form 5754 if you receive gambling winnings either for someone else or as a member of a group of two or more people …

If you can't find the form you need, or you need help completing a form, please call us at 1-800-772-1213 (TTY 1-800-325-0778) or contact your local Social Security office and we will help you. If you download, print and complete a paper form, please mail or take it to your local Social Security office or the office that requested it from you.

2022年5月5日 · Generally, U.S. taxpayers are subject to tax on their gambling winnings and prize money. In certain cases, those amounts are first reported on a Form W-2G w...

Gambling winnings and losses are generally reportable on an individual's income tax return. In some cases, the prize money is split between 2 or more individuals using Form 5754.

We last updated Federal Form 5754 in January 2025 from the Federal Internal Revenue Service. This form is for income earned in tax year 2024, with tax returns due in April 2025.

You must fill out Form 5754 [Statement by Person (s) Receiving Gambling Winnings] before you can receive a Form W-2G [Certain Gambling Winnings] if you are accepting gambling winnings for another person, or you are receiving the winnings as part of a group, such as a number of people who shared the same winning lottery ticket.

Use Form 5754, Statement by Person(s) Receiving Gambling Winnings, to prepare Form W-2G only when the person receiving gambling winnings subject to reporting or withholding isn't the actual winner or is a member of a group of two or more people sharing the winnings, such as by sharing the proceeds of the same winning ticket.