California Gambling Tax Calculator: How Much Do You Owe?
California Gambling Tax Calculator: How Much Do You Owe?
tax on lottery winnings california
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If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding
If you're a California resident and purchase your ticket there, you pay the 37% federal tax rate But you're in luck because California doesn't
taxes on 1 million lottery Federal lottery taxes are determined by the income bracket the winnings fall into Currently the two highest income brackets are taxed at 37%
taxes on lottery winnings ohio Speaking of taxes, Canadians may have heard of lottery winners paying substantial amounts in tax on their winnings The good news is that
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