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Old November 21st, 2009, 02:14 PM
Nurse Debra Nurse Debra is offline
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Join Date: Aug 2007
Posts: 529
Default Gambling winnings reported to IRS

A question for those who may know what the policy is for cruise lines in reporting gambling winnings of over $1,200 when on a cruise ship that is outside of US waters. On other cruise lines that I have sailed the policy seemed to be not to give out those infamous W-2G forms for winnings of over $1,200, but on my last Princess cruise, after getting lucky in the casino, and winning over $1,200, they said their ship policy was to report the winnings.
Would like to hear what the experiences of others have been. Since as most of us gamblers know, we loose more than we ever win and can deduct losses on our taxes up to the amount of winnings it is no big deal but I was just curious.

Thanks in advance for any information.

Debra
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email: debra2106@yahoo.com
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