do lottery winnings count as income
Personal Income Tax Guide
do lottery winnings count as income
do lottery winnings count as income
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do lottery winnings count as income Even if an installment winner sells the future income stream to another party, the sales proceeds are considered ordinary income — not capital Lottery winnings, considered taxable income, are subject to both federal and state income taxes The Internal Revenue Service imposes a Lottery winnings are considered taxable income for both federal and state tax purposes and must be reported as such Lottery winnings are taxed
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