Lottery Tax Calculator: How Your Winnings Are Taxed
Lottery Tax Calculator: How Your Winnings Are Taxed
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Whether it's a multimillion-dollar jackpot or a smaller prize, individuals who win the lottery in Connecticut need to account for the state tax Lottery Tax
Pay your taxes Get your refund status Find IRS forms and answers to tax questions We help you understand and meet your federal tax responsibilities How does Connecticut's tax code compare? Connecticut has a graduated state individual income tax, with rates ranging from percent to percent
kr640 lottery result Income from lottery winnings and online games are included under the head 'Other source of Income' and is taxable at the special rate of 30% If you file as Single or Married, Filing Separately, the tax rate is % on taxable income of $10,000 or less; % for up to $50,000; % for up to
