do i pay tax on lottery winnings
Tax on Lottery Winnings in India Section 194B of IT Act
do i pay tax on lottery winnings
do i pay tax on lottery winnings
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do i pay tax on lottery winnings A Amount to be withheld The Lottery Department shall withhold Virginia income tax at the rate of % on the proceeds from any lottery prize in excess of The winnings constitute Part B income, taxed at 5% Directive 2: She cannot deduct the cost of the losing tickets to the extent of gambling gains because these Lottery winnings that are more than $5,000 get a federal tax of 24%, therefore, you'll be cutting more than $12 million from the annual payments
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