Which Type of Tax Return Do I File? - Income Tax

income from winning of lottery is taxable under
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Total prize after federal income tax = $585,900,000 TurboTax Tip: TurboTax Tip: If you join a lottery ticket-buying pool and win, you'll be

UNDER THE HEAD 'INCOME FROM OTHER SOURCES' j− Winning from Horse Race Lottery 1,12,000 Gross Taxable Casual Receipts j− 1,55,500

income tax on lottery winnings in india Under the provision of section 194B of the IT Act, 1961 the TDS rate for any income earned by way of winnings from crossword puzzles, lotteries,

income tax slot As a result, winners who receive a cash prize or an annuity payment after January 1, 2016 must report those payments as taxable income on a PA Schedule T