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

By: Judy

Judy — Sun, 17 Aug 2008 12:53:10 +0000

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.

By: Steve B

Steve B — Fri, 15 Aug 2008 05:23:03 +0000

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.

By: momo2765

momo2765 — Thu, 14 Aug 2008 03:29:36 +0000

you need to show losses in gambling to offset your win

By: MZ. USMC

MZ. USMC — Mon, 11 Aug 2008 01:51:27 +0000

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