Q: As a Canadian citizen I understand that any slot win over
$1,200 triggers a 1042-S and I've filed a non-resident return
3 or 4 times to recover tax money withheld from jackpots.
Before my most recent trip, I did some research on the topic
and discovered what I thought was the magic form, the W-8BEN.
The way I understood it was that if I triggered a 1042-S, all
I had to do was hand this form to the payer and they wouldn't
take the 30%. When I hit a $4,000 royal, I was pretty excited,
for the win and to be able to whip out the magic form. It
didn't work! I explained up and down the purpose of the form
and was sure it was going to work but the bosses told me,
pardon the pun, NO DICE! Eventually, I just had to give it up.
I'll get the money back, which will make for a nice windfall
in January, but I really thought I had the problem licked.
Does anybody know what the actual rules are?
Read the answer here:
http://www.lasvegasadvisor.com/qod.cfm
<a href="http://www.lasvegasadvisor.com/qod.cfm">
http://www.lasvegasadvisor.com/qod.cfm</a>
NOTE: vpFREE access to the Question of the Day
link has been approved by LVA and expires after
the current day for non-LVA members.
···
************************************************
This link is posted for informational purposes and doesn't
constitute an endorsement or approval of the linked article's
content by vpFREE. Any discussion of the article must be done
in accordance with vpFREE's rules and policies.
************************************************