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What percent in taxes is owed in ny lottery?

Updated: 8/18/2019
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13y ago

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Once you complete your 1040 federal income tax return correctly then you will know the correct percentage amount of your federal and state income tax liability.

After your 1040 federal income tax return is completely correctly to the line 43 page 2 of your 1040 income tax return TAXABLE INCOME amount. You will have 6 different percentage amounts of marginal tax rates from 10%, 15%, 25%, 28%, 33% and the maximum 35% for the tax year 2010 at this time August 2 2010.

You can find the income amount that the rates would apply to for your filing status by going to the IRS gov website and using the search box for 1040ES and then go to page 8 for the 2010 Tax Rate Schedules

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