10
August

I paid 4100$$ in taxes from money I won off a scratchcard (15k total) Will I automatically get this back on my

scratchcard

Tiff asked:

tax return or do I need to fill out a special form or something????????
you losers

Category : Scratch Cards

4 Responses to “I paid 4100$$ in taxes from money I won off a scratchcard (15k total) Will I automatically get this back on my”

  1. MZ. USMC says:

    I don’t think you will gt this back automatically, you may want to investigate this further.

  2. momo2765 says:

    you need to show losses in gambling to offset your win

  3. Steve B says:

    You will claim the $4,100 withholding on your tax return, on the same line as the withholding from your W-2s. The $15K is reported as “other income”. If you have gambling losses of at least $15K – and can document them – it will almost certainly be worth your while to itemize deductions to claim the losses. How much of that $4,100 you get back will depend on how much tax you owe overall and how much other withholding credits you have.

  4. Judy says:

    When you file your tax return, you’ll include the $15k as income, and figure your tax including that with whatever income you have. You’ll include the $4100 with any other withholding you have. If your total withholding is larger than your total tax, then you’d get any extra back.

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