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Re: had the pik 4 (971 Views)
Posted by: Edgorman (IP Logged)
Date: January 16, 2018 02:30PM

If you divide your collection by your total wager, it still exceeds 300-1, making it a taxable event. Since you collected more than 5000,they withheld 25%.
Had your ticket been a little larger, you would not have triggered the 300-1 threshold.

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Subject Written By Posted
had the pik 4 (1463 Views) philywheel 01/15/2018 04:51PM
Re: had the pik 4 (1098 Views) shanahan 01/15/2018 06:20PM
Re: had the pik 4 (1084 Views) jerry 01/15/2018 11:15PM
Re: had the pik 4 (1099 Views) RICH 01/16/2018 06:08AM
Losing tickets and the new tax law (1093 Views) skitimber 01/16/2018 07:27AM
Re: had the pik 4 (1075 Views) Edgorman 01/16/2018 08:32AM
Re: had the pik 4 (1085 Views) philywheel 01/16/2018 10:44AM
Re: had the pik 4 (971 Views) Edgorman 01/16/2018 02:30PM


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