Yardley CPA Posted March 4, 2017 Report Posted March 4, 2017 Client won $750 at a casino in Barbados. Do foreign countries report anything to the IRS? We've included it on the return, offsetting it with gambling losses, but just made me wonder if foreign gambling winnings are reported to the IRS? I'm thinking no? Quote
Pacun Posted March 4, 2017 Report Posted March 4, 2017 No. The Barbados government doesn't have any legal obligation to report it, but the TP does. You did it right by reporting it. 1 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.