How much taxes would I be paying if I won a sweeps...
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djaguilar5591
New Member

How much taxes would I be paying if I won a sweepstakes prize of 335000

 
2 Replies
xmasbaby0
Level 15

How much taxes would I be paying if I won a sweepstakes prize of 335000

We have no idea since we know nothing else about your other income.  We cannot see any of your information at all.  Try using the taxcaster tool.

 

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

 

But congratulations on the big win!

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Critter-3
Level 15

How much taxes would I be paying if I won a sweepstakes prize of 335000

I highly recommend you seek local professional assistance to discuss your tax implications for both fed & state since what they withhold is most likely not going to be enough.  

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