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Winning - of any type - (casino, lottery, game show) are the same as any other earnings...and will be taxed federally and locally as any other income of that amount would be. (That of course depends on many things - your other income, or lack, number of dependents, number of deductions, etc. etc.) It cannot be considered a capital gain income...tried and failed by many. If you are a professional gambler, the answer may be different.
What else can I help you with?
How much taxes are held from winning 25000 dollars?
6000
How much federal taxes are taken out on 25000 a year?
haw much federal take of 25000 a years
What would be the federal taxes owed on 25000 dollars?
if filing status is single...approximately $3750.00
Do i have to file taxes every year if you make over 25000?
Yes. You can't skip years and then file altogether. Each year has to accounted for and filed separately.
If your mom leaves you 25000 do you have to pay taxes?
I believe that you can receive a monetary gift up to certain amount without having to paying taxes on it. I think the amount is like 15,000. You can also go to a local tax prep place and ask. Look in your local phone book.
How much taxes are held from winning 25000 dollars?
6000
How much money he get after winning this competition?
#25000
How much federal taxes are taken out on 25000 a year?
haw much federal take of 25000 a years
What would be the federal taxes owed on 25000 dollars?
if filing status is single...approximately $3750.00
What will be the balance after a winning of 7889.00 after 20 percent taxes?
6311,20
Do gold medal winners pay taxes on their winning?
Unfortuneatly, the olympians from the USA do have to pay taxes on the winnings from the medals awarded.
What is 25000 cubed?
250003 = 25000 x 25000 x 25000 = 15625000000000
What is 15 percent of 25000?
15% of 25,000= 15% * 25000= 0.15 * 25000= 3,750
What is one third of 25000?
25000*25000=175000000
How much is 15 percent from 25000?
15% of 25000= 15% * 25000= 0.15 * 25000= 3750
What is 25000 plus 8 percent?
Percent or percentage is equivalent to hundredths. 8% of 25000 is 25000 x 8/100 = 2000. 25000 + 8% of 25000 = 25000 + 2000 = 27000 NOTE : As 25000 is 100% then the problem can be solved by finding 108% of 25000. 25000 x 108/100 = 27000.
What is 25465 rounded to the nearest thousand?
25000
