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Niagara Edition O L. 29, I S S U E 2NIAGARAEDITIONTHE SENIORS A P R I L REVIEW /MAY 2-Page 0 1 61FREEA NEW SYSTEM SAVING Your golf swing is unique... Why isn't your medication? Ask us about customized
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29 i s s stands for Information Return for Certain Gambling Winnings. It is a tax form used to report gambling winnings and withholdings.
Individuals or entities who receive gambling winnings over a certain threshold and the relevant gambling establishment are required to file 29 i s s.
29 i s s should be filled out with accurate information regarding the recipient of the gambling winnings, the amounts won, and any withholdings. It is important to review the instructions provided with the form.
The purpose of 29 i s s is to report gambling winnings to the IRS and ensure that appropriate taxes are withheld.
Information such as the recipient's name, address, taxpayer identification number, the amount of gambling winnings, and any federal income tax withheld must be reported on 29 i s s.
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