how do i find out how much taxes are taken out from winning in california.?

0 ⤊

how do i find out how much taxes are taken out from winning in california.?

2007-10-08 08:58:22 · 2 answers · asked by Ann M 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

Winning what?

CA doesn't tax CA lottery winnings. Federal does. Taxed at normal tax rate

2007-10-08 09:43:12 · answer #1 · answered by JoJo 3 · 0⤊ 0⤋

It depends among other things on what you won. Most winnings would be treated for federal tax as ordinary income, so would add to your other income before calculating your tax.

2007-10-08 09:19:28 · answer #2 · answered by Judy 7 · 0⤊ 0⤋