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winning from lottery tax rate

winning from lottery tax rate

Iowa Tax On Gambling winning from lottery tax rate For non-resident aliens, current tax laws require that the Lottery withhold 30 percent in federal income taxes on all Lottery prizes and percent in winning lottery result If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding

winning the lottery in canada The winnings are subject to a flat tax rate of 30% without any deductions The tax is usually deducted at

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