How to Create Form W-2G

Creating Form W-2G

  1. Click on the Payer List button.
  2. Double click on the payer name.
  3. Highlight the recipient to whom to add the form.
  4. Click on the Add Form button.
  5. Choose W-2G from the Form Type drop down menu.
  6. Fill in the necessary fields on the form:
    • Corrected: Check if this box applies.
    • Distribution Date: Used by Yearli to determine the time period to include wages and taxes. Enter the date that the winnings were paid.
    • Gross Winnings: Enter payments of $600 or more if the payment is at least 300 times the amount of the wager.
    • Date Won: Enter the date of the winning event.
    • Type of wager code (Code REQUIRED for E-file):
      • Horse race track (or off-track betting of a horse track nature).
      • Dog race track (or off-track betting of a dog track nature).
      • Jai-alai.
      • State-conducted lottery.
      • Keno.
      • Bingo.
      • Slot machines.
      • Poker Winnings.
      • Any other type of gambling winnings.
    • Description: Enter the type of the wager (bingo, keno, slots, raffle, 50-50 drawing) or the name of the lottery, and the amount or price of the wager.
    • Federal income tax withheld: Enter any Federal income tax withheld, whether 25% regular withholding or 28% backup withholding.
    • Transaction: If applicable, enter the ticket number, card number, machine serial number, or any other information that will help identify the winning transaction.
    • Race: Enter the race (or game) applicable to the winning ticket.
    • Winnings from identical wagers: Enter the amount of additional winnings from identical wagers.
    • Cashier: Enter the cashier making the winning payment.
    • Window: Enter the window number making the winning payment.
    • First I.D.: Enter the 1st I.D. number of the person receiving winnings.
    • Second I.D.: Enter the 2nd I.D. number of the person receiving winnings.
    • State name: Enter the abbreviated name of the state.
    • Payer's state ID no.: Enter the state ID number.
    • State winnings: Enter the amount of state winnings.
    • State income tax withheld: Enter the amount of state income tax withheld.
    • Local winnings: Enter the amount of local winnings.
    • Local income tax withheld: Enter the amount of local income tax withheld.
    • Name of locality: Enter the name of your locality.
    • Account Number: A number assigned to recipient by the payer.
      • This field is optional except for the following cases:
        • The recipient has multiple returns for the same return type.
        • The returns are filed using the E-file Center.
  7. Click Save.
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