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New Member
posted Oct 2, 2023 1:47:08 PM

I won some money at a casino in Washington state. they sent me a form 1042s. how do I file this to receive back the money that they withheld?

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3 Replies
Moderator
Oct 2, 2023 2:02:16 PM

If you are a Canadian resident, you will report the 1042S as your foreign income such as investment income, as well as taxes withheld on the “Foreign” slip in your Canadian tax return.

 

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New Member
Mar 25, 2025 10:18:59 AM

Do I put the gross amount I won in the Foreign investment income section and then put the amount they deducted?   If I do this, it increases the amount I owe to CRA which doesn't seem correct.   Can someone tell me if I am doing this right?  Thanks

Moderator
Mar 25, 2025 12:43:56 PM