ITG FAQ Answer #6-When per capita payments are deferred through use of a trust, how are the eventual distributions from the trust reported?


The funds retain their character, and for reporting and withholding purposes, the eventual distributions are treated in the same manner as all per capita gaming distributions. Form 1099-MISC PDF is used to report the distributions. The payments are reported in box 3 and the federal income tax withheld in box 4. Publication 15-T, Federal Income Tax Withholding Methods PDF, contains the necessary "Tables for Withholding on Distributions of Indian Gaming Profits to Tribal Members."

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