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If a low income senior citizen with no assets won one of those write an essay and win my house contests what options if any would let them keep the house?
If they "win" the house then they can keep it until they fail to pay the property taxes and can't find anyone to help them keep the house.
How much will the taxes be if you win a 385000 house?
The highest marginal tax rate at this time is 35% X 385000 = 134750
If you win the the lottery but owe property taxes not due until 2010 will they take it out of your winnings?
If it isn't due yet, no
As a non-resident US citizen will you owe US taxes when you win a house or car overseas?
Yes. You must.
How much in taxes would be taken out on a 500 million dollar lottery win?
100.000
How much taxes would be taken from lottery win in India?
35% of your gross earnings
How much Federal and State tax for a 5000 win from Publishers Clearing house?
For a $5,000 win from Publishers Clearing House, federal taxes would typically be around 24%, resulting in about $1,200 in federal tax. State tax varies by state; for example, if your state tax rate is 5%, that would be an additional $250. Therefore, you could expect to pay approximately $1,450 in total taxes, leaving you with about $3,550 after taxes. Always consult a tax professional for precise calculations based on your situation.
Do you have to pay taxes if you win a car?
If you win a car you are responsible to pay taxes in the state where you live.
If you win 170 million dollars in the lottery how much does taxes take?
64 million
How much taxes are taken out on lottery winnings in North Carolina?
If I win 1000.00 what do thay take out
What percentage is taken in taxes if you win Publishers Clearing House Contest of money say 10 million dollars?
35%
What are the taxes on 800000 dollars?
What are the taxes on an 800,000 lottery win in the state of MS
