lottery income tax rate
Tax on Lottery Winnings by State 2023
lottery income tax rate
lottery income tax rate
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lottery income tax rate California does not tax lottery winnings If individuals win the lottery in California, they are not required to pay state taxes on their winnings However, TDS rate is 30% There won't be a fee and a health and education cess added TDS will therefore be deducted at standard rates Winnings from lottery and gambling activity must be reported on your tax return and are fully taxable by the IRS and most state governments The
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