A step-by-step walkthrough for locating your FanDuel win/loss statement, W-2G, and 1099 forms across Sportsbook, Casino, Daily Fantasy Sports (DFS), and Racing β everything you need before you file your annual return.
Published 2026-07-03 Β· Updated 2026-07-03
FanDuel treats each product line as its own account for tax purposes. If you use more than one FanDuel product, you'll have a separate statement for each. All documents live in the account you signed up with β the sportsbook and casino apps share a wallet in most states, but tax docs are still filed per product.
If your net DFS winnings for the year are $600 or more, FanDuel is required to issue a 1099-MISC (some years, a 1099-K may also apply based on IRS thresholds).
| Form | What it reports | Threshold |
|---|---|---|
| Win/Loss Statement | Annual totals β informational only, not filed with the IRS | Any activity |
| W-2G | Reportable single-event wins (filed with the IRS) | $600+ at 300Γ, slots β₯ $1,200, sports pool β₯ $5,000 |
| 1099-MISC (DFS) | Net annual DFS winnings | $600+ net |
| 1099-K | Payment-processor totals (rare, threshold-driven) | Varies by year |
The IRS position is well established: an operator's win/loss statement is a starting point, not proof. To deduct gambling losses on Schedule A (or report session-level income), you need a contemporaneous log β dates, wager types, amounts, and outcomes. FanDuel's PDF doesn't break sessions down that way, and it excludes bonus-funded wagers from most of its totals.
The safest workflow is: keep a session ledger during the year, then reconcile it against FanDuel's annual statement in January. Discrepancies are common β bonus bets, cancelled wagers, and cross-state activity can all shift the totals.
Estimate what you owe
Plug your FanDuel totals into our gambling tax calculator to preview federal and state withholding before you file.
Contact FanDuel support in-app. Missing W-2Gs are usually a name/address mismatch after a move β update your profile, then request a re-issue.
Yes. All gambling winnings are taxable income in the US regardless of whether a 1099 or W-2G was issued.
Federal: only if you itemize on Schedule A, and only up to the amount of your winnings. Many states (e.g. Illinois, Indiana, Michigan) don't allow the deduction at all β see our state sports-betting tax guide for the per-state rules.