Ny state tax gambling winnings

Gambling and Taxes (in the U.S.)

The Rules Requiring a Nonresident State Tax Return If you've earned money in another state, it's likely that you'll have to file a nonresident state tax return there because this tax return is due to any state where you've worked but don’t have residency. You must file such a return in addition to a tax return with your home state, but this doesn't mean that you'll end up paying taxes on that income twice. How Are Gambling Winnings Taxed? | The TurboTax Blog How Are Gambling Winnings Taxed? ... In addition to federal taxes payable to the IRS, many state governments tax gambling income as well. Each state has their own unique formulas and rules for gambling income, and some levy no gambling taxes at all. ... then the NY instructions state that you have to file a NY State return. I believe a phone ... Gambling Winnings In New York State - stylinliving.com

Gambling Winnings Tax | H&R Block | Tax Information…

Taxes on Gambling Winnings and Deducting Gambling Losses Taxes on Gambling Winnings and Deducting Gambling Losses. In gambling, there are winners and losers... But even the winners can be losers if they don't pay their taxes! Any money you win gambling or wagering is considered taxable income by the IRS. So is the fair market value of any item you win. New York State Department of Taxation and Finance Taxpayer ...

Apr 09, 2010 · Last night doing my taxes - had a number of W2s from 2009 for gambling wins easily offset by losses. However for the 1st time the tax preparer's program asked him why we weren't filing a NJ return due to those winnings. I live in NY. Has anyone ever had to file out of state taxes due to gambling winnings?

Rules | New York Lottery

New York State Department of Taxation and Finance Taxpayer ...

Gambling Winnings Tax | H&R Block Gambling Winnings Tax. $1,200 or more in winnings from bingo or slot machines $1,500 or more in winnings from keno More than $5,000 in winnings from a poker tournament Any winnings subject to a federal income-tax withholding requirement If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 25%.

NYS Gaming Commission

You asked (1) whether legislation has been proposed recently to impose the state income tax on nonresidents ' gambling winnings at Connecticut casinos; (2) if so, which legislators proposed the bills; and (3) whether other states with casinos impose their income taxes on nonresidents ' gambling winnings.. SUMMARY. Under current law, nonresidents who have gambling winnings from Connecticut are ... Tax Issues With Gambling Winnings and Losses - BKLYNER