Finally

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Originally Posted by MrsSondor

We have until 1/1/26 before need to worry about it, so hopefully by then everyone understands it.


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Ill ask around over in Mississippi next week and see if anyone has any insight in to the future changes .

Found an article about this and one of the comments:

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I don't think this report is correct. Section 70433(C) says it increases the threshold from $600 to $2000 for the tax law section 6041a. That part of the tax law refers to 1099-MISC reportable income, not slot wins on W-2Gs. That's f[r miscellaneous payments. The only miscellaneous payments gamblers get are from things like raffles and casino tournaments where there's no $ wager involved. So if you win a $1000 slot tournament (not considered gambling income), you will no longer get a 1099-MISC (like has happened to me). But nothing I find in the new bill changes handpays from $1200 to $2000. And this would be all over the internet if it was true. I urge you to check your reporting.

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Originally Posted by MrsSondor

We have until 1/1/26 before need to worry about it, so hopefully by then everyone understands it.


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Well said!

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Originally Posted by CPT

Found an article about this and one of the comments:

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Well that makes it clear as mud .