The Mini Tax Guide For Jackpot Winners An Inside Look At Your Post Winnings Financial Life(1st Edition)
Authors:
Iris K. Palma, Thomas J. Williams
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Book details
ISBN: 979-8578091452
Book publisher: Independently published (January 6, 2021)
The Mini Tax Guide For Jackpot Winners An Inside Look At Your Post Winnings Financial Life 1st Edition Summary: You checked your ticket, and you’re the winner! Now, you realize you’ll have a tax problemand need to know what happens next. Hitting the lotto, bingo, or slot jackpot opens up a new world of possibilities and worries.In our book, you’ll learnwhich payment option you should take (lump-sum or annuity),what gambling expenses are deductible,how to avoid problems when you pool funds with a group,when the payer reports the transaction and withholds tax,who can accept the payout check,and more.Whether you’re planning to hit the big one soon or already did, our light reading gives you an overview of critical issues you should get ready to tackle.Buy it for yourself or as a gift for your family or friends.
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