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What percent taxes do you pay on winning 117000 in Texas?

Anonymous

∙ 16y ago

Updated: 11/8/2022

It is ordinary income and the amount of tax you will eventually pay, if any, is entirely dependent on your own personal tax situation, amount of deductions, other income, etc., etc.

Wiki User

∙ 16y ago

What else can I help you with?

What are the percent of federal taxes are taken out of paycheck in Texas?

What is percentage of federal taxes in texas?

What will be the balance after a winning of 7889.00 after 20 percent taxes?

6311,20

What percent of taxes is taken out of pay check in Texas?

5.76%

What would you owe in taxes for a lump sum cash Wisconsin lottery winning?

your lumps sum lottery winning are subjected to upwards of 40 percent lottery windfall tax then again at the end of the year for earned income

Does Texas have state income taxes?

No Texas does not have a state income tax.

What is a Homonym of Texas?

taxes

How much taxes are held from winning 25000 dollars?

6000

How federal tax is taken out of your check in the state of Texas?

The amount of federal tax that is taken out of your check in the state of Texas depends on your tax situation. Typically, you can except between 10 and 20 percent to be taken out for federal taxes.

Is taxes 7 percent or 10 percent?

That depends on where in the world you are talking about.

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.

Is it required to file state taxes in Texas?

Texas does not have an individual income tax.

What is your pay after taxes for 1134.62?

In Texas it is $1,228.23

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