Gambling Tax Insights 2
Автор: Stephan H. Brewer, CTRS, JSM Tax, NTPI Fellow
Загружено: 2024-08-27
Просмотров: 28
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🎉 Did you just hit the jackpot? Congratulations! 🎉
But remember, when luck strikes, so does the taxman. In the U.S., lottery and gambling winnings are taxable. Whether it’s a big lottery win or a casino jackpot, you’ll need to report it. These earnings are taxed as ordinary income, so federal and state taxes apply.
Received a W-2G form? Be prepared for withholdings. Plan ahead with our tax professionals to avoid surprises come tax season.
Stay smart, stay informed, and keep more of what you win!
Visit us at: https://lnkd.in/gcvmhfua NOW!
#TaxPlanning #GamblingWinnings #Lottery #TaxSeason #LegacyTaxResolutionServices
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