What is Tax on Kerala Lottery Prize Money?
What is Tax on Kerala Lottery Prize Money?
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Do I have to pay taxes on my winnings? Yes All prize winnings are subject to federal and state income tax withholding State tax of % is automatically
Some states tax winnings, too That's just federal taxes While not all states tax winnings, some do New York takes the most with a rate of Do I have to pay taxes on my winnings? Yes All prize winnings are subject to federal and state income tax withholding State tax of % is automatically
do you have to share your lottery winnings with your spouse There are federal and state US taxes payable on larger US lottery winnings The federal tax rate that is paid as a non-resident winner is 30% on payouts above When it comes to lottery prizes, the first thing that happens after you turn in that winning ticket and get your lump sum is that the federal
