The tax reporting threshold depends on what DraftKings product you are using. You can learn more below.
If you have greater than $600 of net earnings during a calendar year, you can expect to receive an IRS Form 1099-MISC from DraftKings. This form will include all net earnings from the prior calendar year.
Customers who reach $500 in annual gross winnings will be required to verify their Social Security Number (SSN) before continuing Fantasy play or withdrawals.