California - Subtractions--Lottery Winnings

California - Subtractions--Lottery Winnings lottery winnings taxable
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lottery sambad morning lottery sambad Answer: Lottery payments are subject to tax as ordinary income While there is little you can do to avoid this income tax, there are steps you can take to

lottery sambad 1709 23 New Yorkers, for example, could see their winnings taxed at up to % or more, depending on where in the state they live Only a few states — That's because when anyone wins the lottery, the IRS withholds 24% of the winnings off the top With a large jackpot, if the winner opted for the lump sum cash