{"id":119933,"date":"2023-12-13T01:49:17","date_gmt":"2023-12-13T01:49:17","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/"},"modified":"2023-12-13T01:49:17","modified_gmt":"2023-12-13T01:49:17","slug":"when-does-fanduel-send-out-tax-forms","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/","title":{"rendered":"When does FanDuel send out tax forms?"},"content":{"rendered":"<p><b>FanDuel sends out tax forms to its users by January 31st each year.<\/b> It is important for users to keep an eye out for these forms in order to accurately report their winnings on their tax returns.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#1_How_will_I_receive_my_tax_form_from_FanDuel\" title=\"1. How will I receive my tax form from FanDuel?\">1. How will I receive my tax form from FanDuel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#2_What_tax_form_will_I_receive_from_FanDuel\" title=\"2. What tax form will I receive from FanDuel?\">2. What tax form will I receive from FanDuel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#3_Do_I_have_to_report_my_winnings_if_they_are_under_600\" title=\"3. Do I have to report my winnings if they are under $600?\">3. Do I have to report my winnings if they are under $600?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#4_What_information_will_be_included_on_the_tax_form_from_FanDuel\" title=\"4. What information will be included on the tax form from FanDuel?\">4. What information will be included on the tax form from FanDuel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#5_Can_I_request_a_duplicate_tax_form_from_FanDuel_if_I_lose_mine\" title=\"5. Can I request a duplicate tax form from FanDuel if I lose mine?\">5. Can I request a duplicate tax form from FanDuel if I lose mine?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#6_Will_FanDuel_report_my_winnings_to_the_IRS\" title=\"6. Will FanDuel report my winnings to the IRS?\">6. Will FanDuel report my winnings to the IRS?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#7_What_happens_if_I_do_not_receive_a_tax_form_from_FanDuel\" title=\"7. What happens if I do not receive a tax form from FanDuel?\">7. What happens if I do not receive a tax form from FanDuel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#8_Do_I_have_to_pay_taxes_on_my_FanDuel_winnings\" title=\"8. Do I have to pay taxes on my FanDuel winnings?\">8. Do I have to pay taxes on my FanDuel winnings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#9_Can_I_deduct_losses_from_FanDuel_on_my_tax_return\" title=\"9. Can I deduct losses from FanDuel on my tax return?\">9. Can I deduct losses from FanDuel on my tax return?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#10_What_if_I_am_a_professional_gambler_and_earn_a_living_from_FanDuel\" title=\"10. What if I am a professional gambler and earn a living from FanDuel?\">10. What if I am a professional gambler and earn a living from FanDuel?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#11_Will_my_state_taxes_be_withheld_from_my_FanDuel_winnings\" title=\"11. Will my state taxes be withheld from my FanDuel winnings?\">11. Will my state taxes be withheld from my FanDuel winnings?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#12_Can_I_avoid_paying_taxes_on_my_FanDuel_winnings\" title=\"12. Can I avoid paying taxes on my FanDuel winnings?\">12. Can I avoid paying taxes on my FanDuel winnings?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"1_How_will_I_receive_my_tax_form_from_FanDuel\"><\/span>1. How will I receive my tax form from FanDuel?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFanDuel will typically send tax forms to users electronically through email or make them available for download on their website.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_What_tax_form_will_I_receive_from_FanDuel\"><\/span>2. What tax form will I receive from FanDuel?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nUsers who have won over $600 in a calendar year will typically receive a 1099-MISC form from FanDuel.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Do_I_have_to_report_my_winnings_if_they_are_under_600\"><\/span>3. Do I have to report my winnings if they are under $600?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nRegardless of the amount, it is important to report all winnings from FanDuel on your tax return to ensure compliance with tax laws.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_information_will_be_included_on_the_tax_form_from_FanDuel\"><\/span>4. What information will be included on the tax form from FanDuel?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe tax form from FanDuel will include your total winnings for the year, which you will need to report on your tax return.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Can_I_request_a_duplicate_tax_form_from_FanDuel_if_I_lose_mine\"><\/span>5. Can I request a duplicate tax form from FanDuel if I lose mine?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you misplace your tax form from FanDuel, you can contact their customer support team to request a duplicate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Will_FanDuel_report_my_winnings_to_the_IRS\"><\/span>6. Will FanDuel report my winnings to the IRS?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFanDuel is required by law to report winnings over a certain threshold to the IRS, so it is important to accurately report your winnings on your tax return.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_What_happens_if_I_do_not_receive_a_tax_form_from_FanDuel\"><\/span>7. What happens if I do not receive a tax form from FanDuel?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you do not receive a tax form from FanDuel by the end of January, you should contact their customer support team to ensure you receive the necessary documentation for filing your taxes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Do_I_have_to_pay_taxes_on_my_FanDuel_winnings\"><\/span>8. Do I have to pay taxes on my FanDuel winnings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, any winnings from FanDuel are considered taxable income and must be reported on your tax return.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Can_I_deduct_losses_from_FanDuel_on_my_tax_return\"><\/span>9. Can I deduct losses from FanDuel on my tax return?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you itemize your deductions, you may be able to deduct gambling losses up to the amount of your winnings, but you must keep detailed records to support your claims.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_What_if_I_am_a_professional_gambler_and_earn_a_living_from_FanDuel\"><\/span>10. What if I am a professional gambler and earn a living from FanDuel?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf gambling is your primary source of income, you may be considered a professional gambler and will need to report your winnings and losses on Schedule C of your tax return.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Will_my_state_taxes_be_withheld_from_my_FanDuel_winnings\"><\/span>11. Will my state taxes be withheld from my FanDuel winnings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFanDuel does not withhold state taxes from winnings, so it is your responsibility to report and pay any applicable state taxes on your gambling income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_I_avoid_paying_taxes_on_my_FanDuel_winnings\"><\/span>12. Can I avoid paying taxes on my FanDuel winnings?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAttempting to evade taxes on your gambling winnings is illegal and can result in penalties and fines. It is always best to report all income accurately to avoid any issues with the IRS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FanDuel sends out tax forms to its users by January 31st each year. It is important for users to keep an eye out for these forms in order to accurately report their winnings on their tax returns. 1. How will I receive my tax form from FanDuel? FanDuel will typically send tax forms to users &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"When does FanDuel send out tax forms?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#more-119933\">Read more<span class=\"screen-reader-text\">When does FanDuel send out tax forms?<\/span><\/a><\/p>\n","protected":false},"author":21,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-119933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>When does FanDuel send out tax forms?<\/title>\n<meta name=\"description\" content=\"FanDuel sends out tax forms to its users by January 31st each year. 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It is important for users to keep an eye out for these forms in order to accurately\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-13T01:49:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Allen Wills\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Allen Wills\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/\"},\"author\":{\"name\":\"Allen Wills\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/545ed6085fa1cd2007175c756b1f9203\"},\"headline\":\"When does FanDuel send out tax forms?\",\"datePublished\":\"2023-12-13T01:49:17+00:00\",\"dateModified\":\"2023-12-13T01:49:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/\"},\"wordCount\":467,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/when-does-fanduel-send-out-tax-forms\/\",\"name\":\"When does FanDuel send out tax forms?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2023-12-13T01:49:17+00:00\",\"dateModified\":\"2023-12-13T01:49:17+00:00\",\"description\":\"FanDuel sends out tax forms to its users by January 31st each year. 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