How much does an elderly person from massachusetts pay
How much does an elderly person from massachusetts pay
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Gambling and lottery winnings Tax Rate Refer to the specific tax year's If you do not pay the tax due on or before the original due date, interest
Some states, such as California, don't tax lottery winnings But for other state lotteries, you'll be taxed at your ordinary income tax rate Most states While seniors are exempt from certain types of taxes, like property or income taxes, under specific regulations, they cannot remain exempt from
rajya lottery west bengal Lottery winnings are not considered earned income, no matter how much work it was purchasing your tickets Therefore, they do not affect your Social Security FICA taxes—Social Security and Medicare—are imposed on earned income, so here's the good news: Lottery winnings are exempt from FICA taxes
