Form REV-1875 Personal Income Tax Verification of Gambling and Lottery Losses Affidavit - Pennsylvania

What Is Form REV-1875?

This is a legal form that was released by the Pennsylvania Department of Revenue - a government authority operating within Pennsylvania. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form REV-1875?
A: Form REV-1875 is the Personal Income Tax Verification of Gambling and Lottery Losses Affidavit in Pennsylvania.

Q: What is the purpose of Form REV-1875?
A: The purpose of Form REV-1875 is to verify gambling and lottery losses for personal incometax purposes in Pennsylvania.

Q: Who is required to file Form REV-1875?
A: Individuals who have experienced gambling or lottery losses and want to claim deductions for those losses on their Pennsylvania personal income tax return are required to file Form REV-1875.

Q: What information is required on Form REV-1875?
A: Form REV-1875 requires information such as the taxpayer's name, Social Security number, address, date of birth, and details about the gambling or lottery losses being claimed.

Q: When is the deadline to file Form REV-1875?
A: Form REV-1875 should be filed with your Pennsylvania personal income tax return by the regular tax filing deadline, which is typically April 15 of each year.

Q: Are there any penalties for not filing Form REV-1875?
A: Failure to file Form REV-1875 when claiming gambling or lottery losses may result in the disallowance of the deductions or further examination of your tax return by the Pennsylvania Department of Revenue.

Q: Can I file Form REV-1875 electronically?
A: Currently, Pennsylvania does not offer electronic filing for Form REV-1875. It must be filed by mail along with your personal income tax return.

Q: Can I claim losses on Form REV-1875 if I am not a Pennsylvania resident?
A: No, Form REV-1875 is specifically for claiming gambling and lottery losses on your Pennsylvania personal income tax return. If you are not a resident of Pennsylvania, you should consult your own state's tax regulations.

Q: What supporting documentation should I include with Form REV-1875?
A: You should include any documentation that supports your claimed gambling or lottery losses, such as records of winnings and losses from casinos, racetracks, or other gambling establishments.