688432
You'll need to sign in or create an account to connect with an expert.
Withholding on lottery winnings works exactly like withholding on a W-2.
If you were under withheld, it may decrease your refund somewhat (or increase taxes due) If the winnings were over withheld, it may increase your refund.
Like a W-2, the only way you will get a full refund of your withholding(s) would be to have no taxable income.
To get an estimate of your tax result and refund, see Tax Caster
Withholding on lottery winnings works exactly like withholding on a W-2.
If you were under withheld, it may decrease your refund somewhat (or increase taxes due) If the winnings were over withheld, it may increase your refund.
Like a W-2, the only way you will get a full refund of your withholding(s) would be to have no taxable income.
To get an estimate of your tax result and refund, see Tax Caster
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
NettaB
New Member
lindasneed
New Member
Svoboda
New Member
PKeefe01
New Member
matto1
Level 2