tax for lottery winnings
Section 194B of Income Tax Act
tax for lottery winnings
tax for lottery winnings
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tax for lottery winnings While lottery winnings of $600 or less are not reported to the IRS, winnings in excess of $5,000 are subject to a 25 percent federal withholding winnings If you sell or otherwise dispose of an asset that was a prize from a lottery, you must declare any capital gains you make in your tax return You Gambling winnings, including winnings from the Minnesota State Lottery and other lotteries, are subject to federal and Minnesota income
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