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When a person files bankruptcy in October and then wins money in a lottery are they required to report the winnings to the bankruptcy court?
Wiki User
∙ 18y ago
You would only need to report the winning ticket if the bankruptcy was not discharged.
Wiki User
∙ 18y ago
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What is the taxes on the Florida lottery?
In Florida, lottery winnings are subject to a 24% federal withholding tax for U.S. citizens and resident aliens for prizes above $5,000. Additionally, there may be state taxes on lottery winnings depending on the amount won and the winner's personal tax situation.
Are lottery winnings taxable?
no
Can you bequeath lottery winnings by will in Ohio?
According to the information at the link below your heirs are entitled to any unpaid lottery winnings.
How do you claim losses on lottery winnings?
Since winnings are the opposite of losses, your question is very confusing. Perhaps your lottery winnings were stolen. If so, you can report the theft to the police.
What documents are required to retrieve lottery winnings from outside the US transferred to bank account in the US?
hi i want register in you lottery please tell me what documents send to you.
Can a convicted felon or someone on full disability receive Ohio Lottery winnings?
Yes. Both are utterly irrelevant to lottery winnings.
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 your heirs get your annual lottery winnings?
yes
Can you sue your souse for lottery winnings?
Yes.
Do you have to add spouse on lottery winnings in Delaware?
no
What does the government do with the taxes from lottery winnings?
Taxes on lottery (or gambing, etc) winnings are the same as any other ordinary income in both amount and use.
CAn a convicted felon claim lottery winnings in the state of Arkansas?
can a convicted felon claim a mega million or powerball lottery winnings in georgia
