Instructions (Continued)

any permanent post of duty within your In-
ternal Revenue district.

Completing the Form.—in the appro-
priate spaces enter the month this form per-
tains to and your employer identification
number. Also, be sure to enter your name
and address, and sign and date the return.

Line 1.—Enter the gross amount of
wagers accepted during the month. (See
line 2 for lay-off wagers.) Include all charges
connected with placing the wager. If you
can prove that the person placing the wager
has paid a separate charge equal to the tax,
do not include that amount in the amount of
the wager.

Line 2.—Enter the gross amount of any
lay-off wagers you accepted from someone
else during the month. Keep a copy of the
certificate you give the person making the
lay-off wager. See regulations section 44.-
6419-2 for a sample and suggested format
for certificate information.

Line 4(a) or 4(b).—Enter the tax applica-
ble in your State. After December 31, 1982,
a lower rate is applicable in States where

gambling is legalized. Only Nevada and
Washington are affected.

Line 5.—Enter any credit you claim for a
tax you paid or owe on any wager that is
laid off with someone else liable for the tax.
To claim the credit you must attach a full
explanation of the reason for claiming the
credit, attach certificates to support the laid
off wagers, and a statement about whether a
previous claim for refund for any part of this
amount has been filed. The statement must
show the following: (a) each amount making
up the total credit; (b) the monthly return
on which you reported the tax; (c) the date
of the payment; and (d) the amount charge-
able to each month if the tax was paid for
more than one month.

Keep a complete record of all credits for
at least 3 years from the date the credit was
taken. You are not allowed interest on any
credit.

Instead of taking the credit you may file
a claim for refund on Form 843, Claim. If
you do, you will have to supply the same
information to support the credit.

Records.—Keep a complete and detailed
record of all taxes paid for at least 3 years

‘Ye US, GOVERNMENT PRINTING OFFICE : 1999—-O-363-491

from the date the tax is due. Also keep dupli-
cate copies of the returns. These records
must be available to IRS at all times.

Penalties and Interest.—Avoid penalties
and interest by correctly filing returns and
paying the tax when due. The law provides a
penalty of from 5% to 25% of the unpaid
tax for late filing of the return, and / of 1%
of the unpaid amount each month or frac-
tion of a month for taxes not paid when due,
with a total maximum of 25% of the un-
paid amount.

Disclosure of Information on Wagering
Taxes.—Except for administering or enforc-
ing Internal Revenue taxes, neither the
Treasury Department nor any of its em-
ployees may disclose documents, records,
or information obtained through them which
a taxpayer supplies in connection with wag-
ering taxes. Except in administering or en-
forcing Internal Revenue taxes, certain docu-
ments related to wagering taxes and infor-
mation obtained through them which
relates to wagering taxes may not be used
against the taxpayer in any criminal pro-
ceeding. See section 4424 for more in-
formation.

363-491-1


Form 730 Department of the . OMB No, 1545-0235
om ‘intemal Revenwe serice” | Tax ON Wagering (section 4401 of the Internal Revenue Code) | Exires 9-20-04

Your name and address in space below Employer identification
number

(Rev. Jan. 1983)

For month of
19 ...

For IRS Use Oniy|

4f your business records are not available at the ad-
hown above, enter address where records are

in tained.
For Paperwork Reduction Act Notice, see back of form.
ing any aesofpenying confeaes and statements) and to the best of my hnowlodge 1 Gross wagers accepted during month (not including lay-offs). . |_$
and belief itis true, correct, and complete, 2 Gross amount of lay-off wagers accepted during month .
Signature 3 Addlinssland2. .. . . rn
4a Tax on wagers authorized under the ‘ew of ‘the State in which
accepted, .0025 of such amounts in line 3. . . . « e

Title (Owner, etc.) ... , :
ORIGINAL.—File this return and your payment with your Internal b Tax on wagers, other than wagers described on line 4(a), .02 of

Revenue Service Center. (Seo Where to File on beck) Inelide your em such amounts in line 3... .
loyer identification or social security number on your check or mone} .
bei i yoru your check or money 1 att credits, (No credit allowed unless supported by evidence) . | (—)

order.
6 Net tax due (subtract line 5.from line 4). . . . 2 we

363-491-1


Instructions

(Section references are to the Internal Revenue
Code unless otherwise specified.)

Paperwork Reduction Act Notice.—We ask for
this information to carry out the Internal Revenue
laws of the United States. We need it to ensure
that you are complying with these laws and to
allow us to figure and collect the right amount of
tax. You are required to give us this information.

Who Must File—You must file Form 730
and pay the tax on wagers under section
4401 (a) if you:

e@ Are in the business of accepting

wagers, or

@ Conduct a wagering pool or lottery.
You must also be registered under sec-
tion 4412. See Form 11-C, Special Tax Re-
turn and Application for Registry-Wagering.
If you are registered under section 4412 and
receive wagers for or on behalf of another
person but fail to register that person’s
name and address, you then become liable
for the tax and must file Form 730.

What Is Taxed.—This return covers most
wagers and lotteries, including the follow-
ing:

© Wagers on a sports event or contest
placed with a person engaged in the
business of accepting wagers.

© Wagers placed in a wagering pool on a
sports event or contest, if the pool is
conducted for profit.

© Wagers placed in a lottery conducted
for profit (including punchboards).

The tax applies only to wagers accepted in
the United States or placed by a person
who is in the United States, with a person
who is a U.S. citizen or resident.

The return covers lotteries including the
numbers game, policy, punchboards, and
similar types of wagering. It does not include
the following:

Games in which all persons placing
wagers in the game are present when
wagers are placed, winners are deter-
mined, and prizes or other property is
distributed.

Drawings conducted by an organiza-
tion exempt from tax under sections
501 and 521, as long as the net pro-
ceeds of the drawing do not benefit a
private shareholder or individual.

What Is Not Taxed.—The tax is not im-
Posed on the followin;

© Parimutuel wagering, including horse
racing, dog racing, and jai-alai, where
it is licensed under State law.

@ Coin-operated devices, such as pinball
machines.

© Sweepstakes, wagering pools, or lot-
teries conducted by an agency of a
State, if the wager is placed with the
State agency or its authorized agents
or employees.

When to File.—You must file a return on
Form 730 each month by the last day of the
month following the month for which you
are reporting taxable wagers. (However, if
it becomes necessary, IRS may be granted
authority to require a return to be filed and
tax to be paid immediately.) IRS will not
send you a notice that a return is due. File
a return whether or not you have taxable
wagers to report. If you have none to report,
write ‘‘None”’ on the return.

Where to File.—For mailing addresses see
Form 11-C. You may also hand-carry your
return to the District Director's office or to

(Continued on back of duplicate copy)
363-491-1



OMB No. 1545-0235

Form 730 Department of the 7 .
ten son. 1985) ‘intemal Revenue Senice” | Tax on Wagering (section 4401 of the internal Revenue Code) Expires 9-30-84
Your name and address in space below Employer identification |=] T$ .
number be
3
For month of g
19. YOUR COPY 2] ts

If your business records are not available at the ad-

dress shown above, enter address where records are

‘maintained.

Important.—File this return with your Internal Revenue Service
Center and NOT with the Commissioner of Internal Revenue at Wash-
ington, D.C. Make your check or money order payable to the Internal
Revenue Service. If you have nothing to report, write “None” on this
form and return it to your Internal Revenue Service Center. If this is
a final return write “FINAL RETURN.”

Section 301.6091-1(c) of the IRC regulations defines hand-carried
returns that may be filed with your District Director or at a permanent
Bost of duty.

DUPLICATE RETURN.—Keep this copy for your records.

1 Gross wagers accepted during month (not including lay-offs) .
Gross amount of lay-off wagers accepted during month .

3 Add lines 1and 2. . ce ee

Tax on wagers authorized under the law of the State in which

4a
accepted, .0025 of such amounts in line3. . . . .
b Tax on wagers, other than wagers described on line 4(a), .02 of
such amounts in line 3.0. 2. 2 1 ee ee
5 Lay-off credits. (No credit allowed unless supported by evidence.) .
6 Net tax due (subtract line 5 from line4). 2 2. 2. 1. . AL

(—)

363-491-2