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do you pay taxes twice on lottery winnings
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The tax shall be withheld on the entire amount of the prize, not merely the amount in excess of $5,000 The tax must be withheld by the Lottery Department on

Then Box 4 shows “Federal income tax withheld ” If the casino, NC Lottery or other gambling provider withheld any money from your winnings for When it comes to federal taxes, lottery winnings are taxed according to the federal tax brackets Therefore, you won't pay the same tax rate on the entire

dancing drums slot machines Under Section 194B of the Income Tax Act, 30 per cent tax is deducted on any prize money in excess of Rs 10000 and other winnings from games Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too That means you might have to pay