Posted:
#1
Hey i am from Canada and a Canadian resident. I am thinking about opening up a fan duel account or a draft kings account for football season this year, on the site it says that all winnings over $600 dollars or profits over 600 will be given a 1099 tax form from the IRS. I am in Canada, do i have to claim the 1099 in canada or the united states?? Or do i have to claim it at all? i have been handicapping with several books, the greek - bet 365 etc and i have never claimed taxes on anything i have won ever. So does anyone have any experience with this ? are Canadians exempt? I have never once claimed a dollar of any type of winnings on taxes i.e. lotto, sports , casino in my entire life.
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