winning from lottery is taxable under which head of income
Income Tax on winnings from Lottery, Game Shows, Puzzle
winning from lottery is taxable under which head of income
winning from lottery is taxable under which head of income
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winning from lottery is taxable under which head of income Income from Other Sources is one of the five heads of income Any income that is not specifically taxable under any other head of income Others don't have a general income tax, but you'll still owe federal taxes A few states have specific rules on taxing lottery winnings: California: Does not Income from winnings of a lottery, horse race, gambling, etc under the Head under which income to be taxed ; Cost of