Michigan Gambling Taxes: Calculator, Rates and Forms

lottery tax calculator michigan
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Lottery Guide — $ GSURPLUS, Box 2009, Syracuse, New York 13220 _ _ Michigan 48107 _ SCASHS Easy New Mailing Plan Send SASE for Details

If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding

lottery 1 4 66 Lottery winnings are taxed as income at the state and local level and vary by location For instance, New York has one of the highest tax rates

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