23K to the General Laws, which provides for expanded gaming in Massachusetts under the jurisdiction of the Massachusetts Gaming Commission. BackgroundĪn Act Establishing Expanded Gaming in the Commonwealth (the Expanded Gaming Act), effective November 22, 2011, added new G.L. These changes do not affect income calculation, withholding, or reporting rules for lottery winnings, including winnings from the Massachusetts state lottery. 23K is required to check winnings against outstanding child support obligations or outstanding tax liabilities. increase the dollar threshold at which a gaming establishment governed by G.L.adopt new income tax withholding and reporting requirements for certain gambling income and.23K or a 'racing meeting licensee or simulcasting licensee' , for purposes of calculating Part B taxable income under the Massachusetts personal income tax laws, but only to the extent of winnings from such establishments allow a deduction for losses from wagering transactions incurred at a gaming establishment licensed under G.L.
This Technical Information Release (TIR) explains changes to the personal income tax calculation, income tax withholding, and income reporting rules with respect to wagering income that are contained in Chapter 10 of the Acts of 2015 (the 2015 Act).
