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#21

Totally inaccurate. Ohio has a 4% state withholding on W-2Gs. Cincinnati has 2.1% City tax. Cleveland is 2.0%. Columbus is 2.5%. I've not had a W-2G in Toledo, but I see no reason to believe it would be any different than their 2.25% municipal income tax.

SB

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--- In vpFREE@yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:

<<Yes, in Cincinnati. City is 3%, I can't recall what the state was. And yes, they automatically take out city and state. If you also have them withhold the 20% federal, it ends up being almost 40% of your win between the three.>>

Are you sure of this 3% â€" I had previous info saying it was 2.1%. Could you check your W2-G?
------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

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#22

<<Totally inaccurate. Ohio has a 4% state withholding on W-2Gs. Cincinnati has 2.1% City tax. Cleveland is 2.0%. Columbus is 2.5%. I've not had a W-2G in Toledo, but I see no reason to believe it would be any different than their 2.25% municipal income tax.>>

Thanx, SB, for this good information. It confirms what I had found in other research.

I am assuming this 4% withholding state tax is for Ohio residents AND non-residents, correct? Then the latter would have to file a non-resident Ohio state tax return to get all or part of it back.

And my understanding is that the state now – since January 1 - allows deduction for gambling losses – but on the CITY returns these deductions are NOT allowed. I have not had confirmation that this is true in all four cities. Looks like Toledo gives a $2500 exemption if you file a Toledo City tax return. Is that an exemption for the total W2-G amounts???

Although it is good that Ohio improved things for gamblers by allowing deductions for gambling losses, having 4 different city rules makes tax time more complicated for Ohio residents AND for non-residents who play in Ohio casinos. Can you – or anyone with personal knowledge - confirm that all 4 cities withhold the city tax as well as the state tax? I am assuming they do so for residents of that city, but what about non-residents???

I have the following information about the taxes withheld which seems to always be true for city residents (not sure about Toledo), but what about non-city residents who play in Columbus or Cincinnati or Toledo.

Columbus: 2.5% applies to both residents and non-residents

Cleveland: 2% only on residents

Cincinnati: 2.1% on residents and non-residents

Toledo: 2.25% with a $2500 exemption that is claimed by filing a Toledo City tax return.

Would love to hear from non-Ohio residents who have hit a W2-G jackpot in any Ohio casino and learn what was withhold – state and/or city tax. Also, need information from an Ohio resident who hits a jackpot in a city where they do not live. Did they have a city tax withheld? Please include name of casino in your report. And if you aren’t sure of the percentage withheld, you can check your W2-G to find that information.

···

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

[Non-text portions of this message have been removed]

#23

Yes, I confirmed that Cincinnati is 2.1% and Ohio is 4%. I was told the amount to trigger a W2G in Ohio is $1250, not $1200 by a Horseshoe Cincinnati slot tech. I thought $1200 was a federal thing, is that right?

···

--- In vpFREE@yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:

<<Totally inaccurate. Ohio has a 4% state withholding on W-2Gs. Cincinnati has 2.1% City tax. Cleveland is 2.0%. Columbus is 2.5%. I've not had a W-2G in Toledo, but I see no reason to believe it would be any different than their 2.25% municipal income tax.>>

Thanx, SB, for this good information. It confirms what I had found in other research.

I am assuming this 4% withholding state tax is for Ohio residents AND non-residents, correct? Then the latter would have to file a non-resident Ohio state tax return to get all or part of it back.

And my understanding is that the state now â€" since January 1 - allows deduction for gambling losses â€" but on the CITY returns these deductions are NOT allowed. I have not had confirmation that this is true in all four cities. Looks like Toledo gives a $2500 exemption if you file a Toledo City tax return. Is that an exemption for the total W2-G amounts???

Although it is good that Ohio improved things for gamblers by allowing deductions for gambling losses, having 4 different city rules makes tax time more complicated for Ohio residents AND for non-residents who play in Ohio casinos. Can you â€" or anyone with personal knowledge - confirm that all 4 cities withhold the city tax as well as the state tax? I am assuming they do so for residents of that city, but what about non-residents???

I have the following information about the taxes withheld which seems to always be true for city residents (not sure about Toledo), but what about non-city residents who play in Columbus or Cincinnati or Toledo.

Columbus: 2.5% applies to both residents and non-residents

Cleveland: 2% only on residents

Cincinnati: 2.1% on residents and non-residents

Toledo: 2.25% with a $2500 exemption that is claimed by filing a Toledo City tax return.

Would love to hear from non-Ohio residents who have hit a W2-G jackpot in any Ohio casino and learn what was withhold â€" state and/or city tax. Also, need information from an Ohio resident who hits a jackpot in a city where they do not live. Did they have a city tax withheld? Please include name of casino in your report. And if you aren’t sure of the percentage withheld, you can check your W2-G to find that information.

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

[Non-text portions of this message have been removed]

#24

Thanx for all the input on this subject. I am still looking for more information from those who have personal experience in the 4 Ohio casinos. You can send it to me privately if you wish.

Once I feel I have a complete grasp of the whole picture – for residents and non-residents – I will summarize my findings on my blog.

···

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

From: tangboy5000
Sent: Sunday, May 12, 2013 5:51 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: Ohio gambling tax considerations

Yes, I confirmed that Cincinnati is 2.1% and Ohio is 4%. I was told the amount to trigger a W2G in Ohio is $1250, not $1200 by a Horseshoe Cincinnati slot tech. I thought $1200 was a federal thing, is that right?

--- In mailto:vpFREE%40yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:

<<Totally inaccurate. Ohio has a 4% state withholding on W-2Gs. Cincinnati has 2.1% City tax. Cleveland is 2.0%. Columbus is 2.5%. I've not had a W-2G in Toledo, but I see no reason to believe it would be any different than their 2.25% municipal income tax.>>

Thanx, SB, for this good information. It confirms what I had found in other research.

I am assuming this 4% withholding state tax is for Ohio residents AND non-residents, correct? Then the latter would have to file a non-resident Ohio state tax return to get all or part of it back.

And my understanding is that the state now â€" since January 1 - allows deduction for gambling losses â€" but on the CITY returns these deductions are NOT allowed. I have not had confirmation that this is true in all four cities. Looks like Toledo gives a $2500 exemption if you file a Toledo City tax return. Is that an exemption for the total W2-G amounts???

Although it is good that Ohio improved things for gamblers by allowing deductions for gambling losses, having 4 different city rules makes tax time more complicated for Ohio residents AND for non-residents who play in Ohio casinos. Can you â€" or anyone with personal knowledge - confirm that all 4 cities withhold the city tax as well as the state tax? I am assuming they do so for residents of that city, but what about non-residents???

I have the following information about the taxes withheld which seems to always be true for city residents (not sure about Toledo), but what about non-city residents who play in Columbus or Cincinnati or Toledo.

Columbus: 2.5% applies to both residents and non-residents

Cleveland: 2% only on residents

Cincinnati: 2.1% on residents and non-residents

Toledo: 2.25% with a $2500 exemption that is claimed by filing a Toledo City tax return.

Would love to hear from non-Ohio residents who have hit a W2-G jackpot in any Ohio casino and learn what was withhold â€" state and/or city tax. Also, need information from an Ohio resident who hits a jackpot in a city where they do not live. Did they have a city tax withheld? Please include name of casino in your report. And if you aren’t sure of the percentage withheld, you can check your W2-G to find that information.

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

#25

<<I was told the amount to trigger a W2G in Ohio is $1250, not $1200 by a Horseshoe Cincinnati slot tech. I thought $1200 was a federal thing, is that right? >>

Just shows you can get bad information from casino employees. Yes, $1200 is a federal IRS rule.

···

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

From: tangboy5000
Sent: Sunday, May 12, 2013 5:51 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: Ohio gambling tax considerations

Yes, I confirmed that Cincinnati is 2.1% and Ohio is 4%. I was told the amount to trigger a W2G in Ohio is $1250, not $1200 by a Horseshoe Cincinnati slot tech. I thought $1200 was a federal thing, is that right?

--- In mailto:vpFREE%40yahoogroups.com, "Queen of Comps" <queenofcomps@...> wrote:

<<Totally inaccurate. Ohio has a 4% state withholding on W-2Gs. Cincinnati has 2.1% City tax. Cleveland is 2.0%. Columbus is 2.5%. I've not had a W-2G in Toledo, but I see no reason to believe it would be any different than their 2.25% municipal income tax.>>

Thanx, SB, for this good information. It confirms what I had found in other research.

I am assuming this 4% withholding state tax is for Ohio residents AND non-residents, correct? Then the latter would have to file a non-resident Ohio state tax return to get all or part of it back.

And my understanding is that the state now â€" since January 1 - allows deduction for gambling losses â€" but on the CITY returns these deductions are NOT allowed. I have not had confirmation that this is true in all four cities. Looks like Toledo gives a $2500 exemption if you file a Toledo City tax return. Is that an exemption for the total W2-G amounts???

Although it is good that Ohio improved things for gamblers by allowing deductions for gambling losses, having 4 different city rules makes tax time more complicated for Ohio residents AND for non-residents who play in Ohio casinos. Can you â€" or anyone with personal knowledge - confirm that all 4 cities withhold the city tax as well as the state tax? I am assuming they do so for residents of that city, but what about non-residents???

I have the following information about the taxes withheld which seems to always be true for city residents (not sure about Toledo), but what about non-city residents who play in Columbus or Cincinnati or Toledo.

Columbus: 2.5% applies to both residents and non-residents

Cleveland: 2% only on residents

Cincinnati: 2.1% on residents and non-residents

Toledo: 2.25% with a $2500 exemption that is claimed by filing a Toledo City tax return.

Would love to hear from non-Ohio residents who have hit a W2-G jackpot in any Ohio casino and learn what was withhold â€" state and/or city tax. Also, need information from an Ohio resident who hits a jackpot in a city where they do not live. Did they have a city tax withheld? Please include name of casino in your report. And if you aren’t sure of the percentage withheld, you can check your W2-G to find that information.

------------------------------------------
Jean $¢ott, Frugal Gambler
http://queenofcomps.com/
You can read my blog at
http://jscott.lvablog.com/

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]