Have you received a Form 1042S/1099-G with Federal Tax paid?
Did you know you can reclaim the 30% flat taxes paid on your gambling winnings
What are the eligibility criteria to claim the taxes back on your Form 1042S/1099G
If you have a valid ITIN and are a resident of the tax treaty country with the USA and eligible to claim the tax treaty this could be for Gambling Winnings, capital gain, royalty income, employment income, etc Then you would need to file a nonresident alien tax return using your valid ITIN to claim these benefits and reclaim the tax paid to the USA. If you do not have a valid ITIN, you can apply for an ITIN and submit a tax return at the same time.
You are eligible to claim a full tax refund using the USA and foreign country tax treaty provisions if you reside in any of the below-listed countries.
Austria
Belgium, Bulgaria
Czech Republic
Denmark
Finland, France
Germany
Hungary
Iceland, Ireland, Italy
Japan
Latvia, Lithuania, Luxembourg
Netherlands
Russia
Slovak Republic, Slovenia, South Africa, Spain, Sweden
Tunisia, Turkey
Ukraine, and the United Kingdom
On receipt of the Form 1042S or Form 1099-G, Is the timeline for the taxpayer to reclaim tax refund?
As of the 2024 tax year, If you received any 1042S for years of 2021 2022, or 2023 you are eligible to file the US tax return and apply for a refund.
For more information and a list of who requires an ITIN?
Our team specializes in international expatriate U.S. personal tax return services. If you need assistance with ITIN Renewal/US 1040 filing for refund claim/FATCA Compliance work/FBAR FINCEN114 Filing, ITIN/ Form W7 Application/E.I.N./Form W8BENE or Certified Acceptance Agents [C.A.A.] services/1040NR U.S. tax filing for refund claim of excess 1042S / 8288A/ 8805/ W2/ 1099. We are happy to assist our clients in a timely, efficient, and cost-effective way.
