New York Gambling Winnings Tax Calculator

ny lottery tax calculator
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ny lottery tax calculator As you can see from the table above, your winning lottery ticket bumped you up from the 22% marginal tax rate to the 24% rate (assuming you are  If you win more than $5,000, you have to pay a 24 percent federal withholding tax However, depending on your annual earnings and tax deductions, you may get  As a result, you must compute the New York City tax using the New York City resident tax rates and include in New York City taxable income the amount of the

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