W-2G vs. 1042-S: which one did you get?
Here’s what each one means.
W-2G or 1042-S?
Form W-2G and Form 1042-S report different types of U.S. gambling-related payments and withholding. Which form you receive depends on the circumstances.
Form W-2GReports certain gambling winningsThe tax return you file depends on your residency status and circumstances.Usually a Canadian’sForm 1042-SGenerally reports specified U.S.-source income paid to foreign persons, including applicable withholdingThe tax return you file depends on your residency status and circumstances.
Form 1042-SGenerally reports specified U.S.-source income paid to foreign persons, including applicable withholdingThe tax return you file depends on your residency status and circumstances.At a glance
| Form W-2G | Form 1042-S | |
|---|---|---|
| Reports | Certain gambling winnings | Specified U.S.-source income paid to foreign persons, including applicable withholding |
| Return you file | Depends on your situation | Depends on your situation |
A tax slip does not by itself determine which return must be filed.
Certain games are generally excluded from the federal withholding rules discussed here. If no tax was withheld, there is no related withholding to recover.
Got a W-2G but you’re Canadian?
No worries. Send it to us along with any 1042-S you received, and we’ll take it from there.
IRS Certifying Acceptance Agent
Since
2001
Recovering U.S. tax for Canadians
Recovered
$20M
for our clients since 2024
Up front
$0
We only get paid after you get paid
Let’s get it back.
Send us whichever slip you have and we’ll tell you what you can recover. We only get paid after you get paid.