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 Paul receive a bonus of $750, which was 5% of his annual salary. his annual salary was?
can any one help??...


 I received amail from uk national lottery headquarters you won lottery i want to know it is true or not.?
i received mail 1 month ago. plz provide details and what plz yahoo apart of this event? plz reply as soon ...


 I am going to recieve a very large bonus at the end of this Year. Should I start paying estimated taxes now?
If I need to pay estimated taxes how do I go about it?...


 Has anyone received their 2008 tax refund by direct deposit yet?
...


 How Frustrated are you with the stimulus hype?!?
I swear this is so frustrating! The irs says one thing the news says another...as helpful as this money would be the government should not do this anymore, they are just sending us into a frenzy!!!<...


 I pay childsport do i ever get to clam my child on my taxes?
...


 ^^ :@ EMA SUCKS yes?
:@:@ pissed off contact email?
does anyone know where i can write to or email
to complain about the ema system
i dont qualify because my dad earns more but not by that much
and it ...


 Hi, My daughter has left school and got her fist part time job.?
She is only 16 and is being taxed on everything she earns.
Is this right? If not has any one got any advice on how i get the tax back for her or get a lower rate??...


 Has anyone got their tax rebate on time?
My SS #'s are 69, which according to the schedule the deposit date would be the 9th. I used DD when i filed in january. I am eligable for the rebate, but i have checked the irs website and when ...


 My girlfriend and I are, obviously, not married. Can we both claim our new daughter for taxes?
We are each filing our own taxes, but the code is a little confusing. Can only one of us claim our daughter, or can we both?...


 I received my husband and I's stimulus check and cashed it at the bank, Do i have to split it with him?
My husband and I are seperated...i received the stimulus check yesterday, Both of our names were on the check, I took it down to the bank, Only signed my name and they cashed it for me. My husband ...


 Can 2 people claim the same child on the income tax return , filing singlely? what would happen?
...


 If we ALL stopped paying Tax.......?
would we MESS up the whole system if we ALL STOPPED paying taxes for, say, three months? would we all be made criminals?...


 How far back can the IRS go to get back taxes?
...


 STOP paying YOUR MORTGAGE? - England.?
Apparently I`ve heard that on the 1st March, 2008, everyone in England is going to stop paying there Mortgage payments for 6 months, in protest of mortgage Inflation....Is that right? and would that ...


 Has anyone refund status been updated yet?
wanted to know if anyone got their original date back to the way it first was because I know yesterday the IRS was facing a lot of computer problems? or is it still saying the 10th or the 24th?...


 Will I receive a stimulus payment if I dont file my taxes this season?
I owe for last season taxes still (1099) and I dont plan on filing this year, I heard somewhere that my stimulus payment will be credited to my owed taxes, is this true?...


 What will happen if your employer doesn't send out the w-2 by Jan. 31st?
Nobody has gotten a w-2 from this company as of yet. What happens if no one gets their w-2 by the 31st?...


 How do I prepare my taxes from my home computer?
This will be my first time filing my taxes on my computer. I file a 1040ez or 1040a, no kids, no property, single, no additional income outside of my job. What is the best software to use or does the ...


 At what point is it necessary to declare for tax purposes money received for a task?
For example, if I move and pay my friends $100 each to help me load the moving van, obviously no one is going to declare that as taxable income. The high-school kid who mows my lawn every couple of ...



tappingd2000
What percentage do you have to pay for taxes on winnings from gambling?
                     
 




danuitti
Rating
This depends on your income bracket. If you win BIG, figure 30 percent or more. But who really cares, you still get PLENTY and our government is our favorite charity. Consider it your donation.

Remember, if you keep receipts on your LOSSES, you can deduct this from your winnings.

Thank you for sharing your winnings with us. Your contribution will probably result in lower taxes for everyone.


Bloo
From my distant memory, gambling winning is taxed differently. It is not considered ordinary income. It is considered as a gambling income from game of chance. It is high as 50% in that instance.


Top 99%
Rating
It's ordinary income, treated the same as income you would earn as wages


TJ
Rating
Net gambling winnings are taxed as ordinary income, so the tax rate depends on your taxable income. You can offset your winning against your gambling losses if you itemize (Schedule A line 27), although you should have documented records of the losses. The tax tables and gambling information can be found on the IRS web site.


Nikki W
Gambling winnings are netted against the gambling losses. The excess gets included in your 1040 and added to your adjusted gross income before tax is figured.


ami
Your gambling winnings are added to your total income. And your tax liability is based on your adjusted gross income minus your standard or itemized deduction minus your personal exemption. In order for you to write of gambling LOSSES you should know that you can only write off the amount of LOSSES up to the amount equal to winnings. Example: If you won $500 but lost $1000, you can only write of $500.


maryjane
Rating
It is added into your AGI Adjusted Gross Income


Alex R
On a Federal level its about 28% and each state is different.


sargejames06
Rating
im guessing 40 percent


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