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lottery taxes

lottery taxes

Lottery Tax Rates Vary Greatly By State lottery taxes The reward would be subject to tax according to Section 56 and reported under the title “Income from Other Sources ” The lottery winners are lottery outlet near me In Pennsylvania, all lottery winnings are subject to the commonwealth's % state personal income tax, plus an additional 24% through federal

lottery t US lottery taxes differ from other countries because winnings are considered taxable income for both federal and possibly state taxes The federal government

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