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won 2500 dollars on lottery what would me taxes be how much i owe for to set aside

2006-10-24 08:56:48 · 5 answers · asked by dodonumber2 1 in Business & Finance Taxes United States

5 answers

Approximately 4.6%. The actual tax requires you to fill our WI form 1NPR and pro-rate your WI income against your federa;; AGI and then calculate. 2006 forms are not out until sometyme in Nov.. You can find them at the Wisconsin Dept of Revenue web site

2006-10-24 09:28:44 · answer #1 · answered by curious george 5 · 0 0

Ohio State 31-14

2016-03-28 06:20:47 · answer #2 · answered by Beverly 4 · 0 0

For Federal income taxes, you would be taxed at the same rate as if your wages were $2500 higher than they are now. I would expect the same to apply to Wisconsin state taxes. Without knowing anything about your other income or deductions, I can't determine your marginal tax rate. If you still have the instruction book from last years tax return, it should have a tax rate schedule. Look up the marginal rate for last years taxable income. It should be close.

2006-10-24 12:57:50 · answer #3 · answered by STEVEN F 7 · 0 0

Call your local state tax office and ask them. Their information is both free and accurate. The number is in the phone book.

2006-10-24 09:15:12 · answer #4 · answered by My Evil Twin 7 · 0 0

20%

2006-10-24 10:08:12 · answer #5 · answered by Anonymous · 0 0

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