- Membership
- Certification
- Resources
- Events
- Community
- About
- Help
1099-MISC Reporting for Multi-State Casino Prizes
June 2, 2026
Q. We have multiple properties located in two different states. We have the same EIN for the different properties; however, we have different state IDs. If a person wins a promotion in Michigan for $2,000 that meets the 2026 Federal threshold for issuing a 1099, and also wins a promotion for $500 in the state of Indiana, is the reporting amount for gross income $2,500? To clarify, these are prizes/promotions that are won at the casino, and the gross income is reported in Box 3 of the 1099-MISC…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
