4

TLS, have you I.R.S. SPECIFICATIONS TO BE REMOVED BEFORE PRINTING

transmitted all R Action Date Signature
text files for this INSTRUCTIONS TO PRINTERS
cycle update? FORM 730, PAGE 1 of 4
MARGINS: TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD to HEAD O.K. to print
PAPER: WHITE WRITING, SUB. 20. INK: BLACK
FLAT SIZE: 216mm (81⁄2 ")  279mm (11")
Date PERFORATE: NONE Revised proofs
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT requested

Form 730
(Rev. July 2006)
Monthly Tax Return for Wagers OMB No. 1545-0235

Department of the Treasury

Internal Revenue Service (Section 4401 of the Internal Revenue Code) For IRS Use Only
Enter your T
name,
address,
FF
employer Name Month and year FD
identification

䊳
number, FP
and Number, street, and room or suite no. Employer identification number I
month and
year of T
return. City, state, and ZIP code

Check applicable boxes: Final return Address change

1 Gross amount of wagers accepted during month (not including laid-off wagers) (see instructions) 1

2 Gross amount of laid-off wagers accepted during month (see instructions) 2

3 Add lines 1 and 2 3

4a Tax on wagers authorized under the law of the state in which
accepted. Enter the amount of these wagers included in line
3; multiply by the amount shown and enter the result $ × .0025 = 4a
b Tax on wagers other than wagers described on line 4a. Enter
the amount of these wagers included in line 3; multiply by the
amount shown and enter the result $ × .02 = 4b
c Tax on wagers. Add lines 4a and 4b 4c

5 Credits. No credit is allowed unless supported by evidence (see instructions) 5

6 Balance due. Subtract line 5 from line 4c. See the instructions for line 6. 6
File this return, your payment, and voucher with the IRS as shown under Where to file on page 3. Make your check or money order
payable to the “United States Treasury.” Write your name, address, EIN, and “Form 730” on it.
Under penalties of perjury, I declare that I have examined this return and any accompanying certificates and statements, and, to the best of my
Sign knowledge and belief, they are true, correct, and complete.
Here
Keep a copy
of this return 䊳 Signature 䊳 Date
for your records. Type or print your name below signature.

For Privacy Act and Paperwork Reduction Act Notice, see page 2. Cat. No. 20585U Form 730 (Rev. 7-2006)

䊲 Detach Here and Mail With Your Payment and Form 730. 䊲 Form 730-V (2006)

730-V
Form

Payment Voucher
(Rev. July 2006) OMB No. 1545-0235
Department of the Treasury 䊳
Internal Revenue Service
Do not staple or attach this voucher to your payment.
1 Enter your employer identification 2 Dollars Cents
number.
Enter the amount of your payment. 䊳

3 Enter year and month as shown on Form 730. 4 Enter your business name (individual name if sole proprietor).
Y Y Y Y M M
Enter your address.

Send Form 730, this voucher, and payment to:

Internal Revenue Service Enter your city, state, and ZIP code.
Cincinnati, OH 45999-0100
 4
I.R.S. SPECIFICATIONS TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 730, PAGE 2 of 4
MARGINS: TOP 13 mm (1⁄2 "), CENTER SIDES. PRINTS: HEAD TO HEAD
PAPER: WHITE WRITING, SUB. 20. INK: BLACK
TRIM SIZE: 216mm (81⁄2 ") x 279mm (11")
PERFORATE: ON THE FOLD
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 730 (Rev. 7-2006) Page 2

Form 730 Payment Voucher Privacy act and paperwork reduction act notice. We ask for
the information on Form 730 to carry out the Internal Revenue
Purpose of Form laws of the United States. You are required to give us the
information. We need it to ensure that you are complying with
Complete Form 730-V if you are making a payment by check or these laws and to allow us to figure and collect the right amount
money order with Form 730, Monthly Tax Return for Wagers. We of tax. Section 4401 of the Internal Revenue Code imposes a tax
will use the completed voucher to credit your payment more on wagering. Form 730 is used to determine the amount of the
promptly and accurately, and to improve our service to you. tax. Section 6109 requires you to provide your employer
If you have your return prepared by a third party and a identification number (EIN). Routine uses of this information
payment is required, provide this payment voucher to the return include giving it to the Department of Justice for civil and
preparer. criminal litigation, and to cities, states, and the District of
Do not file Form 730-V if you are paying the balance due on Columbia for use in administering their tax laws. If you fail to
line 6 of Form 730 using EFTPS. provide this information in a timely manner or provide false
information, you may be liable for penalties and interest.
You are not required to provide the information requested on
Specific Instructions a form that is subject to the Paperwork Reduction Act unless the
Box 1. If you do not have an EIN, you may apply for one online. form displays a valid OMB control number. Books or records
Go to the IRS website at www.irs.gov/businesses and click on relating to a form or its instructions must be retained as long as
the “Employer ID Numbers (EINs)” link. You may also apply for their contents may become material in the administration of any
an EIN by telephone by calling 1-800-829-4933, or you can fax Internal Revenue law. Generally, tax returns and return
or mail Form SS-4, Application for Employer Identification information are confidential, as required by section 6103.
Number, to the IRS. The time needed to complete and file Form 730 will vary
Box 2. Enter the amount paid from line 6 of Form 730. depending on individual circumstances. The estimated average
Box 3. Enter the same date you entered on page 1 of Form 730. times are: Recordkeeping, 6 hr., 41 min.; Learning about the
law or the form, 47 min.; Preparing, copying, assembling, and
Box 4. Enter your name and address as shown on Form 730. sending the form to the IRS, 56 min.
● Enclose your check or money order made payable to the
If you have comments concerning the accuracy of these time
“United States Treasury.” Be sure to enter your EIN, “Form 730,”
estimates or suggestions for making Form 730 simpler, we
and the tax period on your check or money order. Do not send
would be happy to hear from you. You can write to the Internal
cash. Do not staple this voucher or your payment to Form 730
Revenue Service, Tax Products Coordinating Committee,
(or to each other).
SE:W:CAR:MP:T:T:SP, 1111 Constitution Ave. NW, IR-6406,
● Detach the completed voucher and send it with your payment Washington, DC 20224. Do not send Form 730 to this address.
and Form 730. See Where to file on page 3 of Form 730. Instead, see Where to file on page 3.
 4
I.R.S. SPECIFICATIONS TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 730, PAGE 3 of 4
MARGINS: TOP 13mm (1⁄2 "), CENTER SIDES. PRINTS: HEAD TO FOOT
PAPER: WHITE WRITING, SUB. 20. INK: BLACK
FLAT SIZE: 216mm (8 ⁄2 ")  559mm (22"), TOP FOLD TO: 216mm (81⁄2 ")  279mm (11")
1

PERFORATE: ON FOLD
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 730 (Rev. 7-2006) Page 3

Instructions Sports event. A sports event includes every type of
amateur, scholastic, or professional sports competition,
Section references are to the Internal Revenue Code unless such as auto racing, baseball, basketball, billiards,
otherwise noted. bowling, boxing, cards, checkers, cricket, croquet, dog
Who must file. You must file Form 730 and pay the tax on racing, football, golf, gymnastics, hockey, horse racing,
wagers under section 4401(a) if you: lacrosse, rubgy, soccer, squash, tennis, track, tug of war,
and wrestling.
● Are in the business of accepting wagers,
Contest. A contest is any competition involving speed,
● Conduct a wagering pool or lottery, or skill, endurance, popularity, politics, strength, or
● Are required to be registered and you received wagers appearance, such as: elections, the outcome of nominating
for or on behalf of another person but did not report that conventions, dance marathons, log-rolling contests,
person’s name and address. wood-chopping contests, weightlifting contests, beauty
Use Form 11-C, Occupational Tax and Registration contests, and spelling bees.
Return for Wagering, to register. Wagering pool. A wagering pool conducted for profit
Exempt organizations. Organizations exempt from includes any method or scheme for giving prizes to one or
income tax under section 501 or 521 are not exempt from more winning bettors based on the outcome of a sports
the tax on wagering or the occupational tax. However, see event, a contest, or a combination or series of these events
Lottery below for an exception. or contests if the wagering pool is managed and
Completing Form 730. If you are not using the conducted for the purpose of making a profit. A wagering
preaddressed Form 730, enter your name, address, pool or lottery may be conducted for profit even if a direct
employer identification number (EIN), and the month (MM) profit does not occur. If you operate the wagering pool or
and year (YYYY) for which this form is filed. lottery with the expectation of a profit in the form of
increased sales, attendance, or other indirect benefits, you
Rounding. You may round amounts to whole dollars. If
conduct it for profit.
you do round, leave the entry for the cents amounts blank.
You can drop amounts that are less than 50 cents, and Lottery. This includes the numbers game, policy, punch
increase amounts that are 50 cents or more to the next boards, and similar types of wagering. In general, a lottery
whole dollar. If you do round, do so for all amounts. But if conducted for profit includes any method or scheme for
you have to add two or more amounts to figure the amount the distribution of prizes among persons who have paid or
to enter on a line, include cents when adding and only promised to pay for a chance to win the prizes. The
round off the total. winning prizes are usually determined by the drawing of
numbers, symbols, or tickets from a wheel or other
When to file. If you are liable for the tax, file Form 730 for
container or by the outcome of a given event.
each month by the last day of the month following the
month for which you are reporting taxable wagers. The IRS It does not include either of the following kinds of events.
will not send you a notice that a return is due. Once you file 1. Games of a type in which usually the wagers are
a return reporting the tax, the IRS will mail you a Package placed, winners are determined, and the prizes are
730 each quarter with your information preprinted on it. File distributed in the presence of everyone who placed a
a return each month whether or not you have taxable wager. Card games, roulette games, dice games, bingo,
wagers to report. If you have no tax to report, write “None” keno, and gambling wheels usually fall within this
in the entry space for line 6; sign and date Form 730. If you exception.
stop accepting wagers, check the final return box above 2. Drawings conducted by a tax-exempt organization, if
line 1. the net proceeds of the drawing do not benefit a private
Where to file. Mail your return to the Internal Revenue shareholder or individual.
Service, Cincinnati, OH 45999-0100. What is not taxed. The tax is not imposed on the
Line 1. Enter the gross amount of wagers accepted during following five items:
the month. Gross wagers are the total of those wagers that ● Parimutuel wagering, including horse racing, dog racing,
are authorized and those wagers that are not authorized by and jai alai, when it is licensed under state law.
the state in which they are accepted. Include all charges ● Coin-operated devices, such as pinball machines.
connected with placing the wager, including any fee or
● Sweepstakes, wagering pools, or lotteries that are
charge incident to placing the wager. If you can prove that
conducted by an agency of a state, if the wager is placed
the person placing the wager has paid a separate charge
with the state agency or its authorized agents or
equal to the tax, do not include that amount in the amount
employees.
of the wager. Do not include laid-off wagers in this amount.
● Games of the type in which all persons placing wagers in
What is taxed. The tax applies only to wagers accepted
the game are present when wagers are placed, winners are
in the United States or placed by a person who is in the
determined, and prizes or other property are distributed.
United States with a person who is a U.S. citizen or
resident. ● Drawings conducted by an organization exempt from tax
under sections 501 and 521, as long as the net proceeds
Taxable wagers include those placed:
of the drawing do not benefit a private shareholder or
● On a sports event or contest with a person engaged in individual.
the business of accepting wagers on a sports event or
contest. Line 2. Enter the gross amount of any laid-off wagers
accepted during the month. Gross laid-off wagers are the
● In a wagering pool on a sports event or contest if the total of those laid-off wagers that are authorized and those
pool is conducted for profit. that are not authorized by the state in which they are
● In a lottery conducted for profit, including the numbers accepted.
game, policy, punch boards, and similar types of wagering.
 4
I.R.S. SPECIFICATIONS TO BE REMOVED BEFORE PRINTING
INSTRUCTIONS TO PRINTERS
FORM 730, PAGE 4 of 4
MARGINS: TOP 13mm (1/2"), CENTER SIDES. PRINTS: HEAD to HEAD
PAPER: WHITE WRITING, SUB. 20. INK: BLACK
FLAT SIZE: 216mm (81⁄2 ")  279mm (11")
PERFORATE: NONE
DO NOT PRINT — DO NOT PRINT — DO NOT PRINT — DO NOT PRINT

Form 730 (7-2006) Page 4

Lines 4a and 4b. Enter the applicable amount included in 2. A statement that includes:
line 3. Multiply the amount by the rate shown and enter the a. The reason for the credit,
result. The rate of tax depends on whether the wager is
b. The month in which the tax was paid,
authorized by the laws of the state in which the wager was
accepted. The lower rate applies to wagers that are c. The date of payment, and
authorized by state law. d. Whether any previous claim covering all or part of
Line 5. You may be able to claim a credit for the amount of the amount involved has been filed.
any overpayment of tax or for the amount of tax imposed Line 6. If line 4c is more than line 5, enter the difference in
with respect to a wager that you laid off. You may also use line 6. You do not have to pay if line 6 is under $1.00. You
Form 8849, Schedule 6, to make a claim for refund. may pay the amount shown on line 6 using the Electronic
Credit for an overpayment of tax. Generally, you may Federal Tax Payment System (EFTPS) or by check or
claim a credit for any overpayment of tax. The claim must money order. If you pay using EFTPS, do not file Form
be filed within 3 years from the time the Form 730 reporting 730-V, Payment Voucher.
the tax was filed or 2 years from the time the tax was paid, Electronic payment. Now, more than ever before,
whichever is later. No credit is allowed unless a statement businesses can enjoy the benefits of paying their federal
of the facts involving the overpayment is attached that taxes electronically. Whether you rely on a tax professional
includes the following information: or handle your own taxes, the IRS offers you a convenient
● An explanation of the reason for claiming a credit. program to make it easier. Spend less time on taxes and
more time running your business. Use EFTPS to your
● The date of payment and the amount of the tax.
benefit. For information on EFTPS, visit www.eftps.gov or
● Whether any previous claim covering the amount call EFTPS Customer Service at 1-800-555-4477.
involved, or any part, has been filed.
Recordkeeping. Keep copies of your tax returns, records,
● A statement that you: and accounts of all transactions to show that the correct
1. Have not collected (whether as a separate charge or tax has been paid. Keep records to support all adjustments
otherwise) the amount of the tax from the person that claimed and all exemptions at least 4 years from the latest
placed the wager on which the tax was imposed, or of the following dates: when the tax became due, when
2. Have repaid the amount of the tax to the person that you paid the tax, when you claimed an adjustment, or
placed the wager, or when you filed a claim for refund.
3. Have the written consent of the person that placed the Always keep your records available for IRS inspection.
wager to the allowance of the credit. The consent must be Penalties. Avoid penalties and interest by filing returns and
attached to the return. paying taxes when due. The law provides penalties for
● If the overpayment relates to a laid-off wager accepted filing a return late; paying taxes late; failing to file a return;
by you, one of the above three statements must be negligence; and fraud. These penalties are in addition to
attached for both the person who placed the laid-off wager the interest charge on late payments. The penalty for filing
with you and the person who placed the original wager. a return late or paying the tax due late will not be imposed
Credit for wagers laid off by you. If you accept a if you can show that the failure to file a timely return or
wager and lay off all or a part of that wager with a person timely pay the tax due is due to reasonable cause.
who is liable for tax, then follow the rules below to claim a Unresolved tax problems. The Taxpayer Advocate’s
credit depending if you paid the tax. office may assign a personal advocate to taxpayers who
● If you have not paid the tax, a credit may be claimed on have been unable to resolve their problems with the IRS.
Form 730 in the amount of the tax due for the laid-off You can write to the Taxpayer Advocate at the IRS office
wager, provided there is attached to Form 730 for the that last contacted you or call a toll-free assistance
month during which the wager was accepted and laid off number, 1-877-777-4778. Persons who have access to
the certificate described in Regulations section TTY/TDD equipment may call 1-800-829-4059 to ask for
44.6419-2(d). help from the Taxpayer Advocate. This office cannot
change the law or technical decisions, but it can help clear
● If you have paid the tax, a credit may be allowed for the up problems that resulted from previous contacts.
tax paid on the laid-off amount. The claim must be filed
within 3 years from the time the return reporting the tax Disclosure of information on wagering taxes. Except for
was filed or 2 years from the time the tax was paid, administering or enforcing Internal Revenue taxes, neither
whichever is later. Interest will not be allowed on a credit the Treasury Department nor any of its employees may
for the tax imposed on a wager that you laid off. disclose documents, records, or information obtained
through them that a taxpayer supplies in connection with
No credit is allowed unless the following information is wagering taxes. Also, certain documents related to
attached to the return for each laid-off wager: wagering taxes and information obtained through them
1. The certificate described in Regulations section that relates to wagering taxes may not be used against the
44.6419-2(d). taxpayer in any nontax criminal proceeding. See section
4424 for more details.