0
Yes but only if you win over a certain amount of money Actually, ALL income from gambling, lotto, etc., etc is taxable....there and everywhere, as ordinary income. (You may deduct provable losses against winnings...so keep your losing lottery tickets). The above may be thinking about withholding of tax on the winnings which is required only above certain amounts.
What else can I help you with?
If you live in NH and you buy a car in Mass do you have to pay tax?
Actually, the MA law requires that ANY purchaser of a vehicle in MA pay the 6.25 percent sales taxes IN MA, within 20 days if you're registering it anywhere other than MA and within 10 days if you're registering in MA. The only exemption is for cars purchased from close family members.Your obligation to pay sales tax in MA on a vehicle purchase has NOTHING to do with where or whether you register it.Others have said:Yes, you pay taxes in the state you register the car in. In your case, you live in N.H. so you will register it in N.H., and pay taxes there.added: There are no sales taxes in NH.
If you buy a car in NH but live in MA do you pay taxes?
Sure you do. When you register the car in MA if there are taxes to be collected that's when they'll let you know what they are. If you don't register the car in MA immediately, you must still pay the taxes. The sales or use tax is due in MA within 10 days of purchase of a vehicle, if you're a MA resident, unlike the sales or use taxes you would owe on just about everything else purchased outside the state and delivered or taken back to MA, which is due on April 15, unless the commodity is tax-exempt in MA. So, if you wait to register the vehicle until after the tax was due (e.g., due 21 days after purchase of a $1,500 car), you would also be assessed penalties and interest on the late tax payment.
How much tax is collected from 1000.00 winning lottery in MA?
MA state tax will be witheld on all winnings from $600-$4999. Ma state tax + 25% federal is withheld on 5k and above.
When was Ngwe Pay Lo Ma Ya created?
Ngwe Pay Lo Ma Ya was created in 1932.
In MA can a 20 yr-old student who's moving out of his mother's home be put in control of his own child support if the money is being used by the mother for gambling instead of child's needs?
Yes, plus the mother can be ordered to pay.
If you live in NH and buy a car in MA do you have to pay sales tax?
Yes, ANYONE who buys a vehicle in MA must pay 6.25 percent sales tax in MA. You have 20 days in which to pay if you want to avoid penalties and interest.
You live in NH but buying a car in Ma do you pay sales tax?
Yes, anyone buying a vehicle in MA must pay 6.25 percent sales tax in MA. You have 20 days in which to pay the tax and avoid penalties and interest.
Are there taxes on camcorders if so how much xtra would it be in MA?
The only tax you would have to pay while buying a camcorder will be VAT( value added tax). Other than this you don't need to pay any other taxes. Actually, the type and amount of tax will depend upon where you are purchasing it. In the U.S., most states have a sales tax on non-food items. In Illinois, there are additional sales taxes imposed by counties and local governments.
Do you pay sales tax on a car in MA if it was a gift?
There is no tax on a car given as a gift in MA.
If you live in nh and buy a car in ma do you still have to pay sales tax?
Yes, in the state you title the car in which in your case is NH. No, this is incorrect. Under MA law, you must pay 6.25 percent sales and use tax in MA regardless of where you plan to register the vehicle. You have 20 days in which to file the form and pay the tax if you're registering it anywhere other than in MA. Failing to pay the sales and use tax on a MA purchase would be a criminal act.
How much does nike pay lucas glover?
ya ma
Do people retired people who don't work haveto pay taxes in Ma?
This could be very possible depending on your filing status and all of your gross worldwide income that you be required to report on your 1040 federal and state income tax returns.
