Am I required to pay taxes on my winnings?
Yes, however only if you winnings exceeded $600 in net winnings for the taxable year. This does not include total payouts.
If this is you we will send out a 1099-MISC form to your provided address on file.
What if I didn’t receive my 1099-MISC
Contact us and we will make sure to provide you a new copy.
What if I didn’t make a withdraw?
It does not matter. We are still required to report the outstanding winnings.
Tax advice?
Unfortunately we can only provide information on your 1099-MISC in regards to WagedWar.com. Any further questions will need to be asked of a tax advisor.