Taxes on Lottery & Gambling Winnings: What You Need to Know
Taxes on Lottery & Gambling Winnings: What You Need to Know
Key Takeaways · You are taxed on anything you win, whether it's cash, an item, a trip, or a service · Winnings are subject to federal and state income taxes
The top tax bracket for the highest earners in this country — which is where winning the lottery would bump the winner — has a 37 percent tax 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
скачать gg poker The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016 Winners of over $600 The Pennsylvania Lottery will automatically withhold PA personal income tax on prizes greater than $5,000 claimed after July 12, 2016 Winners of over $600
