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What is the Tax for Lottery Winnings Prize in Kerala? TDS

What is the Tax for Lottery Winnings Prize in Kerala? TDS

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Are winnings taxed? The Tax Laws Act reintroduced WHT on winnings at the rate of 20% What are winnings ?

The same is true at the state level While lottery winnings are subject to state income tax in most states, withholding tax varies from zero (

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lotteryie The IRS considers net lottery winnings ordinary taxable income So after subtracting the cost of your ticket, you will owe federal income taxes

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