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do I have to pay State and Federal taxes on Md. lottery winnings
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∙ 14y ago
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Do you pay taxes in Washington State on lottery winnings?
Washington State does not have a personal income tax, so you will not pay any state income tax. You will still pay Federal income tax on lottery winnings, though.
How much taxes do you have to pay on your ca lottery winnings?
California does not tax have a state income tax on lottery winnings. The federal withholding rate amount is 25 % to be withheld from the winnings amount.
Do you pay state taxes if you win North Carolina state lottery?
Yes you will have to pay state taxes to North Carolina after adding your lottery winnings to all of your other gross income on the state income tax return.
What taxes do you pay if you win Powerball in Virginia?
The federal maximum marginal tax rate for the 2010 tax year is 35% and then you would have your state income taxes. Lottery winnings are taxed like any other income. That amount or percent of course changes with everyones personal situation, other income, expenses, deductions, exemptions, STATE (and state income tax is a deduction to Federal taxable income, so that changes may things), dependents, etc. It is fair to say that 2 people, winning the same lottery would pay different taxes.
Do church's have to pay federal and state tax?
A church has to Pay State Tax.
Do you pay state and federal taxes on state pension?
no
If you hit lottery in Conn and live in Mass do you have to pay state income tax to mass?
no
Can I pay all my 2010 estimated taxs for the first quarter in full.?
Yes if that is what you choose to do.
What percentage of tax do you pay on an 800000 dollar inheritance?
taxes on lottery winning of 800,000 in the state of WA
Why do people pay federal taxes?
People must pay federal taxes in order to provide funding for Congress, the Supreme Court, and the Presedent and other executives. The need the money in order to pay workers or carry out federal laws. Also, we have to pay state taxes to pay our governer and other local legislatures. So we have to pay both federal and state taxes and if you don't, your in trouble. (:
Do Georgia residents pay a tax to the federal government?
Yes...all State citizens pay US federal tax...no exceptions.
Who did Hamiltion wanted the federal government to assume and pay the debts of the?
He wanted the federal government to assume and pay all state debts.
