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Every year people across the world flock in to the numerous gambling hot spots in the United States. Canadians are no exception to it. Though Casinos in Las Vegas and Atlantic City top the popularity charts there are some very popular Native American Casinos too. But amidst all [url=http://www.mastercyid.it]moncler outlet[/url] the fun and pleasure, it is the involvement of the Taxes on Casino Winnings that has raised the frown among the gamblers. According to the Internal Revenue Service, popularly known as (IRS), 30% of the US Casino Winnings of the Canadian visitors are to be withheld by the U.S Tax department. However, under certain state of affairs the tax can be recovered by filing a 1040NR [url=http://www.lotogame.fr/louboutin-pas-cher/]louboutin[/url] return. It will deduct the losses from the winnings, and receive a refund of the tax withheld.
The IRS clearly states in their website that it is imperative to keep and maintain a precise record of winnings and losses. In order to substantiate the losses, gamblers should be able to provide necessary documents such as receipts, tickets, statements or other records that show both the amount of winnings and losses. They should keep a track of the location, date, type of gambling activities, and the total amount won or lost. Though the records do not need to be submitted along with the tax returns, individuals should be capable of presenting [url=http://www.villazuki.it]woolrich outlet online[/url] it before the court if requested by the IRS for casino winnings refund.
In case of unavailability of U.S. Individual Taxpayer Identification Number, also known as (ITIN), a Canadian tourist can make application by submitting Form W-7 to the IRS along with their tax returns. The application process involves submission of certain documents as identity proof and confirmation of their foreign status. There are 13 documents that are accepted as proof of identity by the IRS. It accepts notarized or certified copies of at least two or more documents listed below:
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