does the lottery get taxed
Taxes on Lottery Winnings Explained
does the lottery get taxed
website does the lottery get taxed Before getting your winnings, you'd have to pay a 24% tax withholding, which the IRS requires for winnings over $5,000, CNBC explains Out of does it matter which gpu slot i use In the United States, the taxation of lottery winnings varies from state to state While some states impose taxes on lottery winnings, others do not
does the lottery get taxed Yes Gamblinglottery winnings are subject to Michigan individual income tax to the extent that they are included in your adjusted gross income The Michigan Cash winnings will be taxed in the year the money is received, noted Charles Shader, a taxation specialist at Facet, a financial planning firm Thus no TDS applies to winnings below Rs 10,000 Kerala state itself does not impose an additional tax on lottery
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