What is Form W-2G?
Form W-2G is the official document used by U.S. individuals to report lottery or grant income winnings to the Internal Revenue Service (IRS). It is primarily used when the winnings have already been taxed at the federal level and paid so the next beneficiary does not need to pay any tax on what they received. The IRS needs this document for income transparency and tax record purposes.

Why You Should File Form W-2G
Even though federal taxes may have already been deducted from your winnings, it is still necessary to report them as part of your annual income. Filing this form helps ensure your income is properly documented and avoids any issues with unreported earnings.

It supports your claim that no additional taxes are owed since the tax was already fully paid at the source.

What’s Included in Form W-2G
Your full name and identifying information, total amount of lottery or grant winnings, source of the winnings (e.g. CGF Grant Program), confirmation that taxes were withheld or paid, and other income, deductions, or credits if applicable.

Benefits of Filing
Ensures IRS compliance, prevents future audits or penalties, helps determine eligibility for a refund, and keeps your tax record complete and transparent.

Reminder: Filing this form does not mean you will owe more taxes. In fact, it could verify that your tax obligation has already been met.