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Extended Review Time from IRS Delays Claims

Wednesday, October 14, 2015 5:49
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(Before It's News)

For many people who like to gamble, the United States is the gaming capital of the world. But non-U.S. citizens who win a substantial amount playing the slots or betting on horses soon discover that they don’t get to keep everything they win—nor do they receive their withheld taxes back in a relatively short period of time.

Gambling Tax Refunds Still Delayed by IRS

It’s important for non-U.S. citizens to understand the tax implications of gambling in the U.S. While winnings over $1,200 are taxed at 30% of the total winnings, the IRS has changed when eligible non-U.S. residents can expect to get a portion or all of their withheld taxes back.

In the past, the U.S. gambling tax recovery experts at Refund Management Services (RMS) could get you a portion or all of your withheld gaming winnings back from the IRS in just four to six months.

Source: Extended Review Time from IRS Delays Claims

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