https://ttlc.intuit.com/community/taxes/discussion/fanduel-draftkings-gambling-winnings/01/2809222#M1018410 <P>As long as I do not go over a $600 net profit on Fanduel I would not get taxed or receive a 1099 form.&nbsp; But what if I win $500 on Fanduel and $500 on Draftkings??&nbsp; Technically I won a $1,000 profit but did not go over the $600 threshold on either site.&nbsp; What would happen?&nbsp; Would I get a 1099 form or not?&nbsp; &nbsp;</P> Mon, 23 Feb 2026 11:15:00 GMT bagman428 2026-02-23T11:15:00Z https://ttlc.intuit.com/community/taxes/discussion/fanduel-draftkings-gambling-winnings/01/2809222#M1018410 <P>As long as I do not go over a $600 net profit on Fanduel I would not get taxed or receive a 1099 form.&nbsp; But what if I win $500 on Fanduel and $500 on Draftkings??&nbsp; Technically I won a $1,000 profit but did not go over the $600 threshold on either site.&nbsp; What would happen?&nbsp; Would I get a 1099 form or not?&nbsp; &nbsp;</P> Mon, 23 Feb 2026 11:15:00 GMT https://ttlc.intuit.com/community/taxes/discussion/fanduel-draftkings-gambling-winnings/01/2809222#M1018410 bagman428 2026-02-23T11:15:00Z https://ttlc.intuit.com/community/taxes/discussion/re-fanduel-draftkings-gambling-winnings/01/2809236#M1018418 <P>See&nbsp;<A href="https://www.irs.gov/taxtopics/tc419" target="_blank">https://www.irs.gov/taxtopics/tc419</A></P> <P>&nbsp;</P> <P>You have to report your gambling winnings whether you receive a tax reporting statement or not.</P> Wed, 04 Jan 2023 01:40:27 GMT https://ttlc.intuit.com/community/taxes/discussion/re-fanduel-draftkings-gambling-winnings/01/2809236#M1018418 Anonymous_ 2023-01-04T01:40:27Z