Couchot v State Lottery Comm, 74 Ohio St 3d 417
Couchot v State Lottery Comm, 74 Ohio St 3d 417
If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24% If you didn't give the payer your tax ID number, the withholding
Federal tax is not being withheld from the top prize of $1,389 on the $1,000 Tax Free scratch-off Winners instead receive an additional $ which is for Lottery Winnings are taxable for purposes of Municipal Income Tax and the Tax becomes due as the winnings are received This applies to all winnings regardless
lock it slot The federal withholding amount on any lottery winnings is 25% The state tax withholding for Ohio is an additional 4% If you live out of state, your taxes will Under the Akron Tax Code the city imposed a two percent tax on lottery winnings Fisher paid under protest and requested reconsideration