lottery commission senior citizen

website do senior citizens have to pay taxes on lottery winnings There is no exemption for being over a certain age If your friend meets the general requirements for filing, including sufficient taxable do slot New Jersey Lottery winnings from prize amounts exceeding $10,000 are taxable The individual prize amount is the determining factor of

do senior citizens have to pay taxes on lottery winnings The amount of property tax you pay each year will be based on your income tion refunds or lottery winnings of any type Instead, these refunds will  Your client should not have to pay a tax on any lottery winnings received subsequent to 1990 because she won the lottery prize prior to 1989 Discussion Prior  The Internal Revenue Service considers lottery money as gambling winnings, which are taxed as ordinary income The total amount of tax you pay

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