Originally Posted by mom2johny3
I am a member of a federal recognized american Indian tribe. I get a Per Capita check once a year. When I am filing taxes in the tax programs, it asks if it is a "tribal member gaming payment". I am not sure. I asked my tribes office but they said they cannot give tax advice and I would have to ask a tax professional. Seems strange to me, I would think they would know what the money is that they give us. So do I check that box or do I select Other?
yes;this is from gaming revenue then, under federal law, per capita distribution is considered income that is subject to federal income tax to irs. You must report this per capita payment as income not subject to self-employment tax on sch se on your federal income tax return. The Tribes will issue an IRS Form 1099-MISC income statement to you by January 31, 2015 if the total gaming per capita distribution made to you in 2014 equals or exceeds $600. These per capita payments are reportable on line 21 of Form 1040.Per Capita payments are considered income, and the amount must be reported if you apply for tribal, state, or federal services or benefits. If you are receiving social security benefits, cashing the Gaming Per Capita check will potentially affect your benefit in an equal amount.