taxes taken out of lottery winnings
What Is the Tax Rate for Lottery Winnings? - Money
taxes taken out of lottery winnings
taxes taken out of lottery winnings
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taxes taken out of lottery winnings Federal Tax Withholding: The lottery is required to withhold 24% of your winnings for federal income tax purposes if you win more than $5,000 This includes winnings from the Wisconsin Lottery and out-of-state lotteries tax is voluntarily withheld from gambling winnings, then Gambling and lottery winnings and losses · You don't report your gambling income net of expenses, though · Instead, you must report your gambling
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