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STATE Of CAUFORNIAHEALTH AND WELFARE AGENCYGEORGE DEUKMEJlAN. Gov emo, DEPARTMENT OF HEALTH SERVICES 714/7 P Street SACRAMEN10, CA95814November 20, 1986To:All County Welfare Directors All County Administrative
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What is letter 86-68?
Letter 86-68 is a form used by the IRS to report certain gambling winnings.
Who is required to file letter 86-68?
Any person or entity who has received gambling winnings that are subject to federal income tax withholding.
How to fill out letter 86-68?
Letter 86-68 should be filled out with the taxpayer's information, including name, address, and taxpayer identification number, as well as details of the gambling winnings and any federal income tax withheld.
What is the purpose of letter 86-68?
The purpose of letter 86-68 is to report gambling winnings subject to federal income tax withholding to the IRS.
What information must be reported on letter 86-68?
Information that must be reported on letter 86-68 includes the amount of gambling winnings and any federal income tax withheld.
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