just asking
2006-11-03 11:14:35 · 7 answers · asked by marilynhenriksen@sbcglobal.net 2 in Business & Finance ➔ Taxes ➔ United States
thanks, but no, i wasnt the lucky duck, my sister was...she lives in texas
2006-11-03 11:30:18 · update #1
Sice Texas does not have an income tax she will only pay federal income tax. The top rate is 35% on taxable income above $326,000, so that would be the most she could pay. 35% of $93,000. I would suspect that she would pay closer to 25% to 30%
2006-11-03 23:38:50 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
Depends on her marital status, filing status and other income, but probably somewhere around $25000 or so for federal, which leaves $68,000 or so, which is darned nice - congrats to your sister.
I don't think Texas has a state income tax, so she's OK there.
2006-11-03 11:46:22 · answer #2 · answered by Judy 7 · 1⤊ 0⤋
In Illinois, they take about 38-40% of the total
2006-11-03 11:21:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Just a little. $92,999 to be exact.
Did you win 93k?
Lucky duck!
2006-11-03 11:17:54 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It goes down as regular income, so you'd add your winnings to your annual income from your job and do your taxes as usual...
2006-11-03 11:24:22 · answer #5 · answered by christopher s 5 · 1⤊ 0⤋
Depends on the amount of your other taxable income and the state that you live in.
2006-11-03 11:17:55 · answer #6 · answered by kearneyconsulting 6 · 1⤊ 0⤋
28%
2006-11-03 11:22:11 · answer #7 · answered by servinbeats 2 · 0⤊ 0⤋