Did you know that up to 30% of your US casino winnings could be withheld for taxes? It’s a frustrating reality for many Canadians hitting it big across the border, but here’s the good news: That money doesn’t have to stay out of your pocket. With the help of credible experts like RMS, you can reclaim your rightful winnings with ease.
When it comes to US gambling tax recovery, experience and expertise are everything. Refund Management Services, established in 1998, is Canada’s most trusted name in the field, offering an unparalleled track record of success. Whether you’re a lucky jackpot winner or a poker professional, here’s how RMS can turn your taxed winnings into a celebrated refund.
Why You’re Taxed on US Casino Winnings in the First Place
Any non-U.S. citizen, including Canadians, who wins big at a U.S.-based casino is subject to withholding taxes of up to 30% on those winnings. This tax applies to significant payouts from slot machines, table games, sweepstakes, and lotteries. While this might feel like lost money, US tax refund allow non-residents to recover this amount through a gambling tax refund. However, many people hit roadblocks when trying to claim their refunds due to complicated IRS processes or denied claims. This is where RMS steps in.
RMS Simplifies US Gambling Tax Recovery
RMS isn’t just another tax service. We’re the most established gaming and casino tax refund agency in Canada, with over 25 years of expertise. Our process stands out for its simplicity, precision, and unmatched results.
Here’s what makes RMS your best choice for recovering your US gambling taxes:
1. 100% Success Rate
At RMS, we pride ourselves on having never been denied a rightful claim by the IRS. Our track record speaks volumes. We handle every detail meticulously to ensure your refund has the best chance of success.
2. One Simple Step™ Process
Why stress yourself with confusing IRS forms when RMS can do the heavy lifting for you? With our exclusive One Simple Step™, all we need is your signature, and we’ll take care of the rest. Filing has never been this effortless.
3. A True One-Stop Service
Unlike other agencies, RMS is a Certified Acceptance Agent. This means we can certify your ID as required by the IRS, saving you the hassle of seeking an additional service elsewhere.
4. Unmatched Experience
We’ve been helping Canadian winners since 1998. Our years of daily contact with the IRS ensure we know the system inside and out, making our process both highly efficient and accurate.
5. Strong Casino Partnerships
Misplaced your 1042-S form? No problem. Thanks to our long-standing relationships with U.S. casinos, RMS can retrieve the necessary documentation on your behalf, ensuring nothing stands between you and your refund.
6. Owned by a Canadian Chartered Accountant
Our founder’s credentials as a Canadian Chartered Accountant ensure that your refund claim is handled professionally and ethically. With RMS, you're in expert hands.
The Benefits of Recovering Your US Gambling Taxes
Recovering your gambling taxes isn’t just about the money (though that part is great!). It’s also about reclaiming the joy of your winning moment and ensuring fairness. By getting your money back, you’re putting thousands of hard-earned dollars back where they belong—in your pocket.
Quick Refund Timelines
At RMS, we fast-track your refund by maintaining direct communication with the IRS. Most of our clients see their casino tax refunds processed efficiently and effortlessly.
No Guesswork
Navigating IRS tax forms can feel like untangling a lot of red tape, especially as a non-U.S. resident. With RMS, there’s no guesswork, no confusion, and no stress.
A Service You Can Trust
We’re accredited members of the Better Business Bureau and the Las Vegas Chamber of Commerce, reinforcing our commitment to excellence.
Frequently Asked Questions (FAQs)
How much of my winnings can I get back?
The IRS withholds up to 30% of your winnings, but with RMS, you could recover all or a significant portion of this amount. The exact refund depends on your specific gambling circumstances.
Do I qualify for a refund if I’ve lost my 1042-S form?
Yes! Thanks to our partnerships with major US casino winnings tax, we can retrieve your 1042-S form or any other required documentation on your behalf.
How long does the refund process take?
Refund processing times vary based on the IRS, but with RMS handling your case, you can expect quicker resolutions thanks to our decades of experience with the IRS.
Can I apply for a refund myself?
Yes, it’s possible. However, the process involves multiple complex forms and a certified ID. Using RMS ensures accuracy and saves you time and hassle.