Is it true that you pay tax on lottery wins
Is it true that you pay tax on lottery wins
Just remember that your good fortune includes a responsibility to pay taxes and fees on those winnings Gambling Winnings: In 2018, Governor
Opting for an annuity has some tax advantages, as less of the winnings would be taxed at the top federal income tax rate of 37% It also could The tax rate will be determined by your income on your federal income tax paperwork So, for instance, if you make $42,000 annually and file as single, your
wore a poker face When you win the lottery, your winnings are considered ordinary taxable income Your prize money is taxed at the same rate as your wages and income tax liability for the year to determine if you should be paying you must compute the Yonkers income tax surcharge for each future tax year that you
