Federal Monthly Tax Return for Wagers

Monthly Tax Return for Wagers
Form 730 (Rev. December 2017)
730

Monthly Tax Return for Wagers

Form
(Rev. December 2017)
Department of the Treasury
Internal Revenue Service

▲

Enter your
name,
address,
employer
identification
number,
and
month and
year of
return.

OMB No. 1545-0235

(Section 4401 of the Internal Revenue Code)
▶

For IRS Use Only

Go to www.irs.gov/Form730 for the latest information.

Name

Month and year

Number, street, and room or suite no.

Employer identification number

T
FF
FD
FP
I
T

City or town, state or province, country, and ZIP or foreign postal code

Check applicable boxes:

Final return

Address change

1

Gross amount of wagers accepted during month (not including laid-off wagers) (see instructions)

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1

2

Gross amount of laid-off wagers accepted during month (see instructions)

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2

3
4a

Add lines 1 and 2 . . . . . . . . . . . . . . . .
Tax on wagers authorized under the law of the state in which
accepted. Enter the amount of these wagers included in line
3; multiply by the amount shown and enter the result . . . $

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3

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b Tax on wagers other than wagers described on line 4a. Enter
the amount of these wagers included in line 3; multiply by the
amount shown and enter the result . . . . . . . . . $
c
5

× 0.0025 =

4a

4b
4c

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.

× 0.02 =
. . . .

Credits. No credit is allowed unless supported by evidence (see instructions)

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Tax on wagers. Add lines 4a and 4b .

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5

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6
Balance due. Subtract line 5 from line 4c (see instructions) . . . . . . . . . . . . .
6
File this return, your payment, and voucher with the IRS as shown under Where to file in the instructions. Make your check or money
order payable to “United States Treasury.” Write your name, address, EIN, “Form 730,” and the tax period on it.
Under penalties of perjury, I declare that I have examined this return, including any accompanying certificates and statements, and to the best of my
knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any
knowledge.

Keep a copy
of this return
for your
records.

▲

Paid
Preparer
Use Only

Print/Type preparer’s name

▲

Sign
Here

Signature
Preparer’s signature

▶

Firm’s EIN

▶

Phone no.

730-V

Form 730-V

▼

OMB No. 1545-0235
▶

Don’t staple or attach this voucher to your payment.
2

Enter your employer identification
number.

Enter the amount of your payment. ▶

Make your check or money order payable to “United States Treasury”

Enter year and month as shown on Form 730.

Y

Form 730 (Rev. 12-2017)

Payment Voucher

Department of the Treasury
Internal Revenue Service

Y

PTIN

▶

Cat. No. 20585U

Detach Here and Mail With Your Payment and Form 730.

(Rev. December 2017)

3

Check
if
self-employed

Firm’s address

▼

Form

Date

Firm’s name

For Paperwork Reduction Act Notice, see instructions.

1

Date

Type or print your name below signature.

Y

Y

M

4

Enter your business name (individual name if sole proprietor).

M
Enter your address.

Send Form 730, this voucher, and payment to:
Department of the Treasury
Internal Revenue Service
Ogden, UT 84201-0100

Enter your city, state, and ZIP code.

Dollars

Cents

Page 2

Form 730 (Rev. 12-2017)

Form 730-V, Payment Voucher

Specific Instructions

Purpose of Form

Box 1. If you don’t have an EIN, you may
apply for one online. Go to the IRS website at
www.irs.gov/EIN. You also may apply for an
EIN by faxing or mailing Form SS-4,
Application for Employer Identification
Number, to the IRS.
Box 2. Enter the amount paid from line 6 of
Form 730.
Box 3. Enter the same date you entered on
page 1 of Form 730.
Box 4. Enter your name and address as
shown on Form 730.

Complete Form 730-V if you’re making a
payment by check or money order with
Form 730. We will use the completed voucher
to credit your payment more promptly and
accurately, and to improve our service to you.
If you have your return prepared by a third
party and a payment is required, provide this
payment voucher to the return preparer.
Don’t file Form 730-V if you’re paying the
balance due on Form 730, line 6, using the
Electronic Federal Tax Payment System
(EFTPS). See Line 6, later, for more
information.

Section references are to the Internal Revenue
Code unless otherwise noted.
Future developments. For the latest
information about developments related to
Form 730 and its instructions, such as
legislation enacted after they were published,
go to www.irs.gov/Form730.

What’s New
Effective January 2018, send Form 730 and/or
Form 730-V, Payment Voucher, to Ogden, UT.
See Where to file, later, for the updated
address.

General Instructions
Who must file. You must file Form 730 and
pay the tax on wagers under section 4401(a) if
you:
• Are in the business of accepting wagers,
• Conduct a wagering pool or lottery, or
• Are required to be registered and you
received wagers for or on behalf of another
person but didn’t report that person’s name
and address.
Use Form 11-C, Occupational Tax and
Registration Return for Wagering, to register.
Exempt organizations. Organizations
exempt from income tax under section 501 or
521 are generally not exempt from the tax on
wagering or the occupational tax. However,
see Lottery, later, for an exception.
Completing Form 730. If you aren’t using
the preaddressed Form 730, enter your name,
address, employer identification number (EIN),
and the month (MM) and year (YYYY) for
which this form is filed.

Rounding. You may round amounts to
whole dollars. If you do round, leave the entry
for the cents amounts blank. You can drop
amounts that are less than 50 cents, and
increase amounts that are 50 cents or more to
the next whole dollar. If you do round, do so
for all amounts. But if you have to add two or
more amounts to figure the amount to enter
on a line, include cents when adding and only
round off the total.
When to file. If you’re liable for the tax, file
Form 730 for each month by the last day of
the month following the month for which
you’re reporting taxable wagers. The IRS
won’t send you a notice that a return is due.
File a return each month whether or not you
have taxable wagers to report. If you have no
tax to report, write “None” in the entry space
for line 6 and sign and date Form 730. If you
stop accepting wagers, check the final return
box above line 1.
Where to file. Send your return to:
Department of Treasury
Internal Revenue Service
Ogden, UT 84201-0100

Specific Instructions
Name and address. Enter the name shown
on the eligible entity’s most recently filed
federal income tax return. Include the suite,
room, or other unit number after the street
address. If the Post Office doesn’t deliver mail
to the street address and the entity has a P.O.
box, show the box number instead of the
street address.

• Enclose your check or money order made
payable to “United States Treasury.” Be sure
to enter your name, address, EIN, “Form
730,” and the tax period on your check or
money order. Don’t send cash. Don’t staple
this voucher or your payment to Form 730 (or
to each other).
• Detach the completed voucher and send it
with your payment and Form 730. See Where
to file, later.

Foreign address. Follow the country’s
practice for entering the postal code. In some
countries the postal code may come before
the city or town name. Enter the full name of
the country using uppercase letters in English.
Line 1. Enter the gross amount of wagers
accepted during the month. Gross wagers are
the total of those wagers that are authorized
and those wagers that aren’t authorized by
the state in which they are accepted. Include
all charges connected with placing the wager,
including any fee or charge incident to placing
the wager. If you can prove that the person
placing the wager has paid a separate charge
equal to the tax, don’t include that amount in
the amount of the wager. Don’t include
laid-off wagers in this amount.
What is taxed. The tax applies only to
wagers accepted in the United States or
placed by a person who is in the United
States with a person who is a U.S. citizen or
resident.
Taxable wagers include those placed:
• On a sports event or contest with a person
engaged in the business of accepting wagers
on a sports event or contest;
• In a wagering pool on a sports event or
contest if the pool is conducted for profit; or
• In a lottery conducted for profit, including
the numbers game, policy, punch boards, and
similar types of wagering.

Page 3

Form 730 (Rev. 12-2017)

Sports event. A sports event includes
every type of amateur, scholastic, or
professional sports competition, such as auto
racing, baseball, basketball, billiards, bowling,
boxing, cards, checkers, cricket, croquet, dog
racing, football, golf, gymnastics, hockey,
horse racing, lacrosse, rugby, soccer, squash,
tennis, track, tug of war, and wrestling.
Contest. A contest is any competition
involving speed, skill, endurance, popularity,
politics, strength, or appearance, such as
elections, the outcome of nominating
conventions, dance marathons, log-rolling
contests, wood-chopping contests,
weightlifting contests, beauty contests, and
spelling bees.
Wagering pool. A wagering pool
conducted for profit includes any method or
scheme for giving prizes to one or more
winning bettors based on the outcome of a
sports event, a contest, or a combination or
series of these events or contests if the
wagering pool is managed and conducted for
the purpose of making a profit. A wagering
pool or lottery may be conducted for profit
even if a direct profit doesn’t occur. If you
operate the wagering pool or lottery with the
expectation of a profit in the form of increased
sales, attendance, or other indirect benefits,
you conduct it for profit.
Lottery. This includes the numbers game,
policy, punch boards, and similar types of
wagering. In general, a lottery conducted for
profit includes any method or scheme for the
distribution of prizes among persons who
have paid or promised to pay for a chance to
win the prizes. The winning prizes are usually
determined by the drawing of numbers,
symbols, or tickets from a wheel or other
container, or by the outcome of a given event.
It doesn’t include either of the following
kinds of events.
• Games of a type in which usually the wagers
are placed, winners are determined, and the
prizes are distributed in the presence of
everyone who placed a wager. Card games,
roulette games, dice games, bingo, keno, and
gambling wheels usually fall within this
exception.
• Drawings conducted by a tax-exempt
organization, if the net proceeds of the
drawing don’t benefit a private shareholder or
individual.
What isn’t taxed. The tax isn’t imposed on
the following five items.
• Parimutuel wagering, including horse racing,
dog racing, and jai alai, when it’s licensed
under state law.
• Coin-operated devices, such as slot
machines, pinball machines, or video games.
• Sweepstakes, wagering pools, or lotteries
that are conducted by an agency of a state, if
the wager is placed with the state agency or
its authorized agents or employees.

• Games of the type in which all persons
placing wagers in the game are present when
wagers are placed, winners are determined,
and prizes or other property are distributed.
• Drawings conducted by an organization
exempt from tax under sections 501 and 521,
as long as the net proceeds of the drawing
don’t benefit a private shareholder or
individual.
Line 2. Enter the gross amount of any laid-off
wagers accepted during the month. Gross
laid-off wagers are the total of those laid-off
wagers that are authorized and those that
aren’t authorized by the state in which they
are accepted.
Lines 4a and 4b. Enter the applicable amount
included in line 3. Multiply the amount by the
rate shown and enter the result. The rate of
tax depends on whether the wager is
authorized by the laws of the state in which
the wager was accepted. The lower rate
applies to wagers that are authorized by state
law.
Line 5. You may be able to claim a credit for
the amount of any overpayment of tax or for
the amount of tax imposed with respect to a
wager that you laid off. You may also use
Schedule 6 (Form 8849), Other Claims, to
make a claim for refund.
Credit for an overpayment of tax.
Generally, you may claim a credit for any
overpayment of tax. The claim must be filed
within 3 years from the time the Form 730
reporting the tax was filed or 2 years from the
time the tax was paid, whichever is later. No
credit is allowed unless a statement of the
facts involving the overpayment is attached
that includes the following information.
• An explanation of the reason for claiming a
credit.
• The date of payment and the amount of the
tax.
• Whether any previous claim covering the
amount involved, or any part, has been filed.
• A statement that you:
1. Haven’t collected (whether as a separate
charge or otherwise) the amount of the tax
from the person that placed the wager on
which the tax was imposed, or
2. Have repaid the amount of the tax to the
person that placed the wager, or
3. Have the written consent of the person
that placed the wager to the allowance of the
credit. The consent must be attached to the
return.
Note. If the overpayment relates to a laid-off
wager accepted by you, one of the three
statements in the previous bullet must be
attached for both the person who placed the
laid-off wager with you and the person who
placed the original wager.
Credit for wagers laid off by you. If you
accept a wager and lay off all or a part of that
wager with a person who is liable for tax,
follow the rules below to claim a credit
depending on whether or not you paid the tax.

If you haven’t paid the tax, you may claim a
credit on Form 730 in the amount of the tax
due for the laid-off wager, if the certificate
described in Regulations section 44.6419-2(d)
is attached to Form 730 for the month during
which the wager was accepted and laid off.
If you have paid the tax, you may claim a
credit for the tax paid on the laid-off amount.
The claim must be filed within 3 years from
the time the return reporting the tax was filed
or 2 years from the time the tax was paid,
whichever is later. Interest won’t be allowed
on a credit for the tax imposed on a wager
that you laid off.
No credit is allowed unless the following
information is attached to the return for each
laid-off wager:
• The certificate described in Regulations
section 44.6419-2(d).
• A statement that includes (a) the reason for
the credit, (b) the month in which the tax was
paid, (c) the date of payment, and (d) whether
any previous claim covering all or part of the
amount involved has been filed.
Line 6. If line 4c is more than line 5, enter the
difference on line 6. You don’t have to pay if
line 6 is under $1.00. You may pay the
amount shown on line 6 using the Electronic
Federal Tax Payment System (EFTPS) or by
check or money order. If you pay using
EFTPS, don’t file Form 730-V, Payment
Voucher.
Electronic payment. Now, more than ever
before, businesses can enjoy the benefits of
paying their federal taxes electronically.
Whether you rely on a tax professional or
handle your own taxes, the IRS offers you a
convenient program to make it easier. Spend
less time on taxes and more time running your
business. Use EFTPS to your benefit. For
information on EFTPS, visit www.eftps.gov or
call EFTPS Customer Service at
1-800-555-4477.

Paid Preparer Use Only
A paid preparer must sign Form 730 and
provide the information in the Paid Preparer
Use Only section at the end of the form if the
preparer was paid to prepare the form and
isn’t an employee of the filing entity. The
preparer must give you a copy of the form in
addition to the copy to be filed with the IRS.
If you’re a paid preparer, enter your
Preparer Tax Identification Number (PTIN) in
the space provided. If you work for a tax
preparation firm, you must also enter the
firm’s name, address, and EIN. However, you
can’t use the PTIN of the tax preparation firm
in place of your PTIN.
You can apply for a PTIN online or by filing
Form W-12, IRS Paid Preparer Tax
Identification Number (PTIN) Application and
Renewal. For more information about applying
for a PTIN online, visit the IRS website at
www.irs.gov/PTIN.

Page 4

Form 730 (Rev. 12-2017)

Recordkeeping. Keep copies of your tax
returns, records, and accounts of all
transactions to show that the correct
tax has been paid. Keep records to support
all adjustments claimed and all exemptions at
least 4 years from the latest of the following
dates: when the tax became due, when
you paid the tax, when you claimed an
adjustment, or when you filed a claim for
refund. Always keep your records available for
IRS inspection.
Penalties. Avoid penalties and interest by
filing returns and paying taxes when due. The
law provides penalties for filing a return late,
paying taxes late, failing to file a return,
negligence, and fraud. These penalties are in
addition to the interest charge on late
payments. The penalty for filing a return late
or paying the tax late won’t be imposed if you
can show that the failure to file a timely return
or timely pay the tax is due to reasonable
cause.
If you receive a notice about a penalty after
you file this return, reply to the notice with an
explanation and we will determine if you meet
reasonable-cause criteria. Don’t attach an
explanation when you file your return.

Taxpayer Advocate Service
Is Here To Help You
What Is the Taxpayer Advocate
Service?
The Taxpayer Advocate Service (TAS) is an
independent organization within the IRS that
helps taxpayers and protects taxpayer rights.
Our job is to ensure that every taxpayer is
treated fairly and that you know and
understand your rights under the Taxpayer Bill
of Rights.

What Can the Taxpayer Advocate
Service Do For You?
We can help you resolve problems that you
can’t resolve with the IRS. And our service is
free. If you qualify for our assistance, you will
be assigned to one advocate who will work
with you throughout the process and will do
everything possible to resolve your issue. TAS
can help you if:
• Your problem is causing financial difficulty
for you, your family, or your business,
• You face (or your business is facing) an
immediate threat of adverse action, or
• You’ve tried repeatedly to contact the IRS
but no one responded, or the IRS hasn’t
responded by the date promised.

How Can You Reach Us?
We have offices in every state, the District of
Columbia, and Puerto Rico. Your local
advocate’s number is in your local directory
and at www.irs.gov/advocate/local-taxpayeradvocate. You also can call us at
1-877-777-4778.

How Can You Learn About Your
Taxpayer Rights?
The Taxpayer Bill of Rights describes 10 basic
rights that all taxpayers have when dealing
with the IRS. Our Tax Toolkit at
TaxpayerAdvocate.IRS.gov can help you
understand what these rights mean to you
and how they apply. These are your rights.
Know them. Use them.

How Else Does the Taxpayer
Advocate Service Help Taxpayers?
TAS works to resolve large-scale problems
that affect many taxpayers. If you know of one
of these broad issues, please report it to us at
IRS.gov/SAMS.

Low Income Taxpayer Clinics
Low Income Taxpayer Clinics (LITCs) are
independent from the IRS. LITCs represent
individuals whose income is below a certain
level and need to resolve tax problems with
the IRS, such as audits, appeals, and tax
collection disputes. In addition, clinics can
provide information about taxpayer rights and
responsibilities in different languages for
individuals who speak English as a second
language. Services are offered for free or a
small fee. To find a clinic near you, visit
TaxpayerAdvocate.IRS.gov/LITCmap or see
IRS Publication 4134, Low Income Taxpayer
Clinic List.
Disclosure of information on wagering
taxes. Except for administering or enforcing
Internal Revenue taxes, neither the Treasury
Department nor any of its employees may
disclose documents, records, or information
obtained through them that a taxpayer
supplies in connection with wagering taxes.
Also, certain documents related to wagering
taxes and information obtained through them
that relates to wagering taxes may not be
used against the taxpayer in any nontax
criminal proceeding. See section 4424 for
more details.
Paperwork Reduction Act Notice. We ask
for the information on Form 730 to carry out
the Internal Revenue laws of the United
States. You’re required to give us the
information. We need it to ensure that you’re
complying with these laws and to allow us to
figure and collect the right amount of tax.
Section 4401 imposes a tax on wagering.
Form 730 is used to determine the amount of
the tax. Routine uses of this information
include giving it to the Department of Justice
for civil and criminal litigation, and to cities,

states, and the District of Columbia, and U.S.
commonwealths and possessions for use in
administering their tax laws. We may also
disclose this information to other countries
under a tax treaty, to federal and state
agencies to enforce federal nontax criminal
laws, or to federal law enforcement and
intelligence agencies to combat terrorism. If
you fail to provide this information in a timely
manner or provide false information, you may
be liable for penalties and interest.
You aren’t required to provide the
information requested on a form that is
subject to the Paperwork Reduction Act
unless the form displays a valid OMB control
number. Books or records relating to a form
or its instructions must be retained as long as
their contents may become material in the
administration of any Internal Revenue law.
Generally, tax returns and return information
are confidential, as required by section 6103.
The time needed to complete and file
Form 730 will vary depending on individual
circumstances. The estimated average times
are: Recordkeeping, 6 hr., 27 min.; Learning
about the law or the form, 47 min.;
Preparing, copying, assembling, and
sending the form to the IRS, 56 min.
If you have comments concerning the
accuracy of these time estimates or
suggestions for making Form 730 simpler, we
would be happy to hear from you. You can
send us comments from www.irs.gov/
FormComments. Or you can write to:
Internal Revenue Service
Tax Forms and Publications
SE:W:CAR:MP:TFP
1111 Constitution Ave. NW, IR-6526
Washington, DC 20224
Don’t send Form 730 to this office. Instead,
see Where to file, earlier.