I won 1,000 dollars from georgia lottery in february 2007. Someone told me i have till the end of the year to file it, and some others say the deadline alraedy past. When is it?
2007-05-18 15:46:36 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
You'll file it with your 2007 income taxes in early 2008.
2007-05-18 15:49:11 · answer #1 · answered by Stuart 7 · 1⤊ 0⤋
Any income in 2007 goes on your 2007 tax return, due on April 15, 2008. You might want to throw a few hundred in the bank to make sure you don't pull up sort when you file.
2007-05-19 06:00:28 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
For $1000, I would not worry about it and you will claim it on your taxes at year end.
The maximum federal taxes on your winnings would be $380, and that is totally dependent on how much money you (and/or your spouse) make from jobs and investements and such.
Congrats on your good fortune!
2007-05-18 23:04:54 · answer #3 · answered by Gem 7 · 0⤊ 0⤋