ny lottery tax
New York Has Highest Mega Millions Lottery Tax Payment
ny lottery tax
website ny lottery tax The top federal tax rate is 37% for income over $500,000 The first thing that happens when you turn in that winning ticket is that the federal ny lottery second chance The New York state tax rate for lottery winning sits at %, with New York City withholding % and Yonkers withholding % For more information on
ny lottery tax Regardless of which option the player takes, the IRS takes a minimum 24% federal withholding tax upfront on lottery winnings That's a big chunk Regardless of which option the player takes, the IRS takes a minimum 24% federal withholding tax upfront on lottery winnings That's a big chunk If you live in PA and buy a lottery ticket in NY, you will have to file a New York return The taxes you pay to NY will be eligible for a credit
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