Michigan Lottery Numbers
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Tax Question: What is the tax policy and the lottery numbers?
Recently, I took my tax documents, because I wanted to see how he would return if I filed. I told him I would not get anything in return, because I won the lottery, which has contributed to it. Well, I called the branch Main Michigan Lottery in Lansing to ask about this and was told that if he had receipts totaling $ 5,000 and less, would not be taxed. They said that if $ 5,001 or more, while taxes are taken there. But when I told a tax advisor to, they told me I asked them to remove the taxes then. Who I listen to this? If I ask to have taxes taken out so if you do not have any influence on me later and I said no, because his aims, what I do? Should I go ahead and submit my lottery winnings with the rest and take it or keep it back folder everything else and just take the $? I'm kinda stuck in a dead end, because we really need this $! What really matters? Need a tax accountant with experience! HELP! HELP! HELP!
when you say "tax free" simply means that DONT withhold taxes on it. All income is taxable by the government federal, lottery, etc. You declare it as income and pay Federal tax it. "Must – have" obviously not helpful at this point. Suck it up, take your success and learn him.
Michigan Lottery’s Make Me Rich – Oct. 16, 2009 (Pt. 1)