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How to Handle California Lottery Tax

How to Handle California Lottery Tax

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Lottery Proliferation wFederal Individual, Corporate, and Social Insurance Taxes California: General Consequences of Prop 13

The California lottery taxes Scratcher winnings the same way if they're $600 or more The California Lottery will mail you an IRS Form W-2G, Lottery winnings are taxed as income The IRS will take 25% and as much as an additional 13% could be withheld in state and local taxes, depending on where you

kerala lottery result ss 410 Yes, you do have to pay federal tax on California Lottery winnings However, you do not have to pay state or local taxes on any money you win playing the California no longer taxes lottery winnings, so only the federal tax would be withheld Other states have different rules, and some even have a

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