How do I get my FanDuel win/loss statement for taxes (2025 and 2026)?

By the W2gMatch team · Sources checked 09-28-2026 · General information, not tax advice.

FanDuel's win/loss statement is the Player Activity Statement. Sign in, open Your Play, select Activity Statement, set the tax year's dates and press Download Statement. It is not a tax form and FanDuel does not send it to the IRS. Report winnings on Schedule 1; for 2026 returns, IRC 165(d) as amended by Public Law 119-21 lets itemizers deduct 90 percent of losses, capped at winnings.

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FanDuel Win/Loss Statement for Taxes: Where to Find It (2025 & 2026). General information, not tax advice.Watch on YouTube

What FanDuel calls it, and where it is

FanDuel's win/loss statement is the Player Activity Statement (FanDuel's downloadable summary of wallet and gameplay activity for a date range: deposits, withdrawals, bets and winnings). FanDuel's help page says it can also be referred to as a Win/Loss or Win Loss Statement. [2] It is not a tax document. [1] [13]

  1. Sign in to your FanDuel account on the web or in the app.
  2. Open Your Play.
  3. Select Activity Statement.
  4. Choose a preset date range, or Custom, and set January 1 to December 31 of the tax year.
  5. Press Download Statement and save the PDF for your preparer.

The Tax Center, under your account, is a different place. It holds the W-2G and 1099 PDFs FanDuel issued for the year, posted by January 31 for the prior year, and the app tells you when a form is there. [2] The statement is not in the Tax Center because it is not a tax form.

The account pages are usually reachable only from a state where FanDuel operates; a VPN or an out-of-state login can fail.

The menu names above were read from Google's snippet of FanDuel's help page on September 27, 2026. [1] Monaco CPA's guide gives the route only as Account, then Activity statement. [13] FanDuel's help site does not render for automated readers, so if a menu has moved, the help page is the place to start.

What the statement shows, and the stake trap

The statement lists deposits, withdrawals, bets and winnings for the dates you chose. [2] Two of those figures are not your result for the year. Deposits minus withdrawals is cash flow, not wagering, and posters in a Claimyr forum thread on FanDuel losses warn against using it. [14] The winnings figure on a sportsbook statement is normally the payout, and a payout includes the stake that came back: a $110 bet at -110 that wins pays $210, which is $110 of stake returned and $100 of profit.

The formula the thread settles on is stakes minus winnings equals the net loss, with its own example of $20,000 wagered and $19,000 returned, a $1,000 net loss. [14] That net is what a player feels, and it is the wrong number for Schedule 1. Topic 419 says winnings are reported in full and losses are deducted separately, only by itemizers, and only up to winnings. [6] So a preparer has to split the statement into the wagers that won and the wagers that lost.

Total wagered on FanDuel for the year$20,000
Total paid out (stakes returned plus profit)$19,000
Stakes on the wagers that won$8,000
Gross winnings by wager ($19,000 less $8,000)$11,000
Losses (stakes on the wagers that lost)$12,000
2025 return: Schedule 1 winnings$11,000
2025 return: Schedule A losses, $12,000 capped at winnings$11,000
2025 return: taxable gambling income$0
2026 return: Schedule 1 winnings$11,000
2026 return: Schedule A losses, 90% of $12,000, under the cap$10,800
2026 return: taxable gambling income$200

Our arithmetic on the thread's figures, assuming $8,000 of the $20,000 was staked on the wagers that won. The split comes from the wager list on the statement, not from the totals.

Wager by wager is the conservative reading of a sportsbook statement. Whether wagers can be grouped into sessions instead is the question the session method page takes up; a session log kept during the year is what makes either reading defensible.

What FanDuel does and does not report to the IRS

FanDuel's help page states: “We do not report annual profit or loss to the IRS for FanDuel Sportsbook, Casino, or Racing.” [3] The Player Activity Statement is not provided to the IRS or to any state or local tax authority. [2] What FanDuel does report is each wager that meets the Form W-2G test, and prizes from fantasy contests and promotions on a Form 1099-MISC; the 1099 page covers those forms.

For payments made in 2026, a sportsbook issues Form W-2G when a single wager pays at least $2,000 and at least 300 times the stake. The IRS instructions, revised January 2026, put it as “The minimum threshold amount for payments made in calendar year 2026 is $2,000,” indexed for inflation afterwards. [5] Section 70433 of Public Law 119-21 made the change, replacing the older $1,200 and $1,500 figures for slots, bingo and keno. [9] For payments made in 2025 the sports-wagering floor was $600 with the same 300-times test. Regular withholding of 24% applies when the winnings minus the wager are more than $5,000 and at least 300 times the wager. [5] Most bets never meet the 300-times test, so most FanDuel winnings arrive with no form and are still taxable. [6] The sportsbook W-2G page works the test bet by bet.

The payer on a FanDuel W-2G is not “FanDuel.” In most states the form comes from Betfair Interactive US LLC dba FanDuel Sportsbook; in Indiana it comes from Blue Chip Casino, LLC. [11] That is the name on your IRS Wage and Income transcript, which lists the information returns the IRS holds for the year. [15] The transcript and the statement will not match by name, and a preparer matching them has to know which entity is which.

How to report it: Schedule 1, Schedule A and the 2026 90% rule

“Gambling winnings are fully taxable and you must report the income on your tax return,” on Schedule 1 (Form 1040), whether or not a W-2G was issued. [6] Losses go on Schedule A, only if you itemize, and “the amount of losses you deduct can't be more than the amount of gambling income you reported on your return.” [6]

For tax years beginning after December 31, 2025, IRC 165(d), as amended by section 70114 of Public Law 119-21, allows a deduction for 90 percent of wagering losses, and only up to the amount of winnings. The statute reads: the deduction “shall be equal to 90 percent of the amount of such losses during such taxable year” and “shall be allowed only to the extent of the gains from such transactions during such taxable year.” [4] Proposed regulations REG-113229-25 in Internal Revenue Bulletin 2026-19 carry both the 90 percent limit and the $2,000 threshold; comments were due June 16, 2026. [10] A 2025 return, filed in 2026, still deducts 100% of losses up to winnings.

A repeal is moving but is not law. On September 16, 2026 the House Ways and Means Committee voted 38-5 to advance H.R. 10357, a bill carrying language that would restore the full deduction, up to winnings, from January 1, 2026. [16] The House is not expected to vote on it before the November 2026 midterm elections and the Senate has not acted, so the 90% rule is the rule for 2026 returns as of today. The repeal status page tracks it.

Rule2025 return (filed in 2026)2026 return (filed in 2027)
Share of losses that count on Schedule A100%90%
Ceiling on the deductionGambling winnings for the yearGambling winnings for the year
Where winnings goSchedule 1 (Form 1040), in fullSchedule 1 (Form 1040), line 8b, in full
Who can deduct lossesItemizers onlyItemizers only
W-2G test for a sports wagerPayout of $600 or more and at least 300 times the wagerPayout of $2,000 or more and at least 300 times the wager
What FanDuel sends the IRS about the year as a wholeNothing; per-wager W-2Gs onlyNothing; per-wager W-2Gs only
Player Activity StatementYour record, not a tax formYour record, not a tax form

Win $4,500 and lose $4,500 on FanDuel in 2026 and you may deduct $4,050, leaving $450 of taxable winnings. Win $5,000 and lose $5,000 and you deduct $4,500 and pay tax on $500. [11] At $100,000 won and $100,000 lost the deduction is $90,000 and $10,000 is taxed with nothing in your pocket, the phantom income (income that appears on the return although the player ended the year with no gain) the 90% cap page explains.

Won on FanDuel$4,500
Lost on FanDuel$4,500
2025 return: deductible losses (100%, capped at $4,500)$4,500
2025 return: taxable gambling income$0
2026 return: deductible losses (90% of $4,500)$4,050
2026 return: taxable gambling income$450

The break-even bettor, both years. Winnings on Schedule 1; losses on Schedule A for an itemizer.

Order matters when losses exceed winnings. On $4,500 won and $5,000 lost, a widely read guide deducts $4,050, which is 90% of the winnings-capped figure. [12] Read in the statute's own order, 90% of $5,000 is $4,500, and the cap at $4,500 of winnings leaves it whole, so nothing is taxable. [4] The difference is $450 of income; a preparer should be able to say which reading the return took. The sports betting calculator applies the 90% first and the cap second.

FanDuel, DraftKings and a casino players club statement

A bettor with a FanDuel account usually has a DraftKings account and a players club card somewhere too, and the three documents are not the same kind of thing.

DocumentWhere it isWhat it coversTax form?
FanDuel: Player Activity StatementYour Play, then Activity Statement, set the dates, Download Statement. W-2G and 1099 PDFs are in the Tax Center.Every wager, deposit and withdrawal on the account for the dates chosen.No. FanDuel says it is not a tax document and does not send it to the IRS.
DraftKings: win/loss statementAccount menu, then Tax Documents, Financial Center or Statements; our DraftKings page has the route.Every wager on the account.No. The W-2Gs and 1099s are separate documents.
Casino players club: win/loss statementThe players club desk or the casino's account portal, often on a signed request.Only play tracked on the players club card. Uncarded cash play is not on it.No. W-2Gs are issued at the machine or table and the IRS holds a copy.

The DraftKings page has that route, and the players card page explains why a casino statement misses uncarded play. A FanDuel statement is complete for the FanDuel account and silent about everything else.

Is the FanDuel statement enough for the IRS?

Not on its own. Topic 419 says “you must keep an accurate diary or similar record of your gambling winnings and losses and be able to provide receipts, tickets, statements, or other records that show the amount of both your winnings and losses.” [6] Publication 529 lists what the diary holds: “the date and type of your specific wager or wagering activity,” “the name and address or location of the gambling establishment,” the names of other persons present and “the amount(s) you won or lost,” supported by Form W-2G, wagering tickets, bank records and “statements of actual winnings or payment slips provided to you by the gambling establishment.” [7] The Player Activity Statement is one of those supporting statements. It is a good one, because every wager on the account is on it with a date, but it supports the diary rather than replacing it, and it says nothing about your other operators. The statements page goes through the standard.

Read it with the W-2Gs. A W-2G reports one reportable wager and the IRS already holds a copy; the statement reports every wager. The two are expected to disagree, and a return has to show how they fit. The reconciliation page walks through it.

If a CP2000 arrives after FanDuel W-2Gs, the IRS is saying “the income or payment information we received from third parties, such as employers or financial institutions, doesn't match what you reported on your tax return,” and it asks for a reply by the date printed on the notice. [8] The reply that works is the Player Activity Statement for the exact tax year, a wager-level calculation showing gross winnings and losses, the statements from every other operator, the W-2Gs, and a short explanation of how the figures tie; bettors in the FanDuel thread describe closing notices with no tax owed on exactly that packet. [14] The CP2000 page and the missing W-2G page cover the notice and the transcript.

State notes: New Jersey does not follow the 90% cap

Monaco CPA's New Jersey platform guide states that “NJ did not adopt the OBBBA's 90% loss cap” and that “you report total winnings minus total losses (floor of zero) on the NJ-1040 Line 24, regardless of whether you itemize federally.” [13] So a New Jersey bettor can owe federal tax on a break-even FanDuel year and no New Jersey tax on it. Other states go the other way and allow no loss deduction at all; the New Jersey page and the state index carry each state's rule with its source.

Get your FanDuel Player Activity Statement

  1. Step 1. Sign in to your FanDuel account on the web or in the app.
  2. Step 2. Open Your Play.
  3. Step 3. Select Activity Statement.
  4. Step 4. Choose a preset date range, or Custom, and set January 1 to December 31 of the tax year.
  5. Step 5. Press Download Statement and save the PDF for your preparer.
  6. Step 6. For the W-2G and 1099 PDFs, open the Tax Center under your account; FanDuel posts them by January 31 for the prior year.

Related questions

Where is the FanDuel win/loss statement?

FanDuel calls it the Player Activity Statement. Sign in, open Your Play, select Activity Statement, choose a preset range or Custom dates for the tax year, and press Download Statement. W-2G and 1099 PDFs are separate, in the Tax Center.

Does FanDuel send the win/loss statement to the IRS?

No. FanDuel says the Player Activity Statement is not a tax document and is not provided to the IRS or any state or local tax authority, and that it does not report annual profit or loss to the IRS. FanDuel reports individual wagers that meet the W-2G test and fantasy or promotional prizes on Form 1099-MISC.

When does FanDuel issue a W-2G in 2026?

For a single sports wager whose payout is at least $2,000 and at least 300 times the stake, per the IRS Instructions for Forms W-2G and 5754 revised January 2026; section 70433 of Public Law 119-21 set the $2,000 figure. Most bets never qualify, so most winnings arrive with no form and are still taxable.

How does the 90% rule change my FanDuel losses in 2026?

Under IRC 165(d) as amended by section 70114 of Public Law 119-21, for tax years beginning after December 31, 2025 you deduct 90% of losses, capped at winnings, and only if you itemize. Win $4,500 and lose $4,500 and you deduct $4,050, leaving $450 taxable. A 2025 return still deducts 100% up to winnings.

When is the FanDuel statement for last year available?

Any time. The Player Activity Statement is built from your account for whatever dates you choose, so a full tax year can be downloaded from January 1. The W-2G and 1099 PDFs in the Tax Center are posted by January 31 for the prior year.

Does the FanDuel statement include every bet?

Yes, for that account. Every wager is placed on the account, so the statement covers all play there for the dates chosen. It does not include play on another operator or a second account, and it is not the W-2G: a W-2G reports one reportable win, and the IRS receives a copy of each.

Is the FanDuel win/loss statement enough for my return?

Not on its own. The IRS asks for a contemporaneous diary of winnings and losses supported by records, and the statement is one of those records. Statements from every operator you used, the W-2Gs and 1099s, and your own log together let a preparer show winnings, show losses, and explain every difference between the documents and the forms the IRS matched.

Is the FanDuel statement enough if the IRS sends a CP2000?

It is the main exhibit but not the whole answer. Send the statement for the exact tax year, a wager-level calculation showing gross winnings and losses, your other operators' statements, the W-2Gs and a short explanation, by the date printed on the notice. The IRS asks for a contemporaneous diary supported by records (Tax Topic 419, Publication 529).

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W-2Gs and statements are filed to the year as they arrive, so the 2026 return starts reconciled in January, under the 2026 loss rules. Filing 2025 late, or amending it? The same file works for 2025.

  • IRS transcript read form by form
  • Each W-2G matched to its statement
  • One package your preparer signs off
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Put your FanDuel figures through the 2026 rule

Enter what you won and what you lost to see the deduction and the taxable amount under both the 2025 and 2026 rules. Then keep the session log that turns the statement into records the IRS accepts.

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Sources

  1. FanDuel Support, Where can I see my Win/Loss or Player Activity Statement?, article modified September 9, 2026 per FanDuel's sitemap; menu names read from Google's snippet of the page on September 27, 2026
  2. FanDuel Support, Taxes: frequently asked questions, read September 6, 2026
  3. FanDuel Support, Taxes with FanDuel Sportsbook, read from Google's snippet of the page on September 27, 2026
  4. 26 U.S.C. § 165(d), Wagering losses, as amended by Pub. L. 119-21 § 70114 (Legal Information Institute), amendment effective for taxable years beginning after December 31, 2025
  5. IRS Instructions for Forms W-2G and 5754, Rev. January 2026
  6. IRS Tax Topic 419, Gambling income and losses, page last reviewed June 11, 2026
  7. IRS Publication 529, Miscellaneous Deductions, Gambling losses up to the amount of gambling winnings, Rev. December 2020
  8. IRS, Understanding your CP2000 series notice, page last reviewed July 14, 2026
  9. RSM US, Big Beautiful Bill brings big tax reporting changes for casino industry, 2026 (secondary source)
  10. Internal Revenue Bulletin 2026-19, REG-113229-25, Increase in Threshold for Requiring Information Reporting with Respect to Certain Payees; Extension and Modification of Limitation on Wagering Losses, comments due June 16, 2026
  11. Super Lawyers, FanDuel Tax Guide 2026 (John Devendorf, Esq.; reviewed by Canaan Suitt, J.D.), last updated March 19, 2026 (secondary source)
  12. TurboTax Blog, Sports gambling and how your winnings are taxed (reviewed by Lena Hanna, CPA), updated July 30, 2026 (secondary source)
  13. Monaco CPA, NJ sportsbook tax forms: DraftKings, FanDuel and BetMGM, updated September 27, 2026 (secondary source)
  14. Claimyr forum, How to calculate FanDuel gambling losses for tax reporting, posted April 11, 2025, last updated March 19, 2026 (secondary source)
  15. IRS, Transcript types for individuals and ways to order them, read September 6, 2026
  16. Covers, House committee advances repeal of 90% gambling loss deduction limit, updated September 16, 2026 (secondary source)

Statements from other casinos and sportsbooks

Related

This page is general information about how U.S. federal and state tax rules apply to gambling, written to be checked against the sources it cites. It is not tax advice for your situation. A licensed CPA or enrolled agent should review your return before it is filed.