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MequonCPA, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 2342
Experience:  CPA, Over 30 yrs experience w/individuals and small businesses. Masters in Tax.
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Do I have to wait for annual tax filing to pay taxes on casino

Customer Question

Do I have to wait for annual tax filing to pay taxes on casino winnings or can I pay it now?
Submitted: 4 years ago.
Category: Tax
Expert:  MequonCPA replied 4 years ago.

Hi and welcome to JustAnswer:

You will report the income on your 2012 tax returns. However, you can make estimated tax payments now so that you minimize your out of pocket when April rolls around.

I have provided links below to the appropriate forms and instructions: