nc lottery tax
NC General Statutes
NC General Statutes
NC General Statutes nc lottery tax
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What is the tax rate on lottery winnings in North Carolina? You are subject to a federal and state tax when you have lottery winnings The
nc woman wins lottery Lottery agencies are generally required to withhold 24% of all winnings over $5,000 for taxes If your winnings put you in a higher tax bracket,
nc lottery post Lottery winnings over $5,000 are subject to both federal and state income tax withholding—this is, part of your winnings are automatically paid The NCEL requires a player's social security or tax identification number for tax withholding and reporting purposes, pursuant to 42 USC405, 26 USC