Richtree7
Dormant Account
- Joined
- Sep 22, 2006
- Location
- Massachusetts
Am a U.S. citizen.
I've been to the Montral casino several times this winter, however not been lucky enough to win a jackpot at a slot machine.
I've read there is no tax on 'any' casino gambling winnings in Canada. I am wondering if the casino still requires a person to fill out paper work to claim a jackpot of say $1,200.00? or whatever amount?
As a U.S. citizen I am quite certain the U.S. tax man will 'expect' me to report my winnings from Canada. I'd like to know if Canadian authorities will notify the U.S. i.r.s. about a win by a U.S. citizen? or is it simply a "on your honor" thing?
If I was lucky enough to win...say $50,000.00 at a Canadian casino....how would the U.S. i.r.s. know that I won? unless I reported it as part of my income.
I've been to the Montral casino several times this winter, however not been lucky enough to win a jackpot at a slot machine.
I've read there is no tax on 'any' casino gambling winnings in Canada. I am wondering if the casino still requires a person to fill out paper work to claim a jackpot of say $1,200.00? or whatever amount?
As a U.S. citizen I am quite certain the U.S. tax man will 'expect' me to report my winnings from Canada. I'd like to know if Canadian authorities will notify the U.S. i.r.s. about a win by a U.S. citizen? or is it simply a "on your honor" thing?
If I was lucky enough to win...say $50,000.00 at a Canadian casino....how would the U.S. i.r.s. know that I won? unless I reported it as part of my income.