It has been a few years since I had a play in Indiana, but state was automatically withheld. MI, too, I think? Illinois, no. WI, no... but the first year they gigged me, an out of state player, for a late penalty. Not paying quarterly, I guess. dumb. Louisiana, yes, automatically withheld.
C
On 3/18/2018 5:35 PM, Howard Stern pyiddy@att.net [vpFREE] wrote:
Are you sure? I believe that all IN taxables have an instant 3.4% takeout for the IN state tax. You do not have to have Federal income tax taken out. Since I am the vpfree2 monitor for the Majestic Star in that state, I have occasionally had a taxable there though sadly none in 2017 or 2018. My late Mom's last royal was on 12/22/16 ($1,853 on a 25c progressive.) and they automatically made the state tax takeout.
Howard W. Stern
On Sunday, March 18, 2018 3:25 PM, "don ross rossx_98@yahoo.com [vpFREE]" <vpFREE@yahoogroups.com> wrote:
Here in Indiana, it is not manatory to have taxes taken out at the time of winning a jackpot - they always ask if we want them taken out or not - I do not have taxes taken out. We do have to pay at the time of filing our income taxes so it is one lump sum.
On Sunday, March 18, 2018, 11:58:38 AM EDT, harry.porter@verizon.net [vpFREE] <vpFREE@yahoogroups.com> wrote:
Not sure what you're referring to as "contrary" (as far as exclusion of in-state gambling income from MS resident income tax returns, that's because the income is taxed via the equivalent of an "excise tax" at the time of jackpot payout, rather than an income tax.)
But, yes, in many other states it's possible to reclaim some or all of withheld income tax on gambling winnings as a non-resident by subsequently filing a return for that state.
As far as "not have any taxes taken out", in my limited experience I've found that state withholding (where it applies) is mandatory. If you have further specific information re states where state tax withholding is optional, please share.
---In vpFREE@yahoogroups.com, <rossx_98@...> wrote :
That's a contrary statement, isn't it? Now in all honesty, this was years ago and I could have been mistaken about the state - I've gambled in many states and have learned not to have any taxes taken out.
On Sunday, March 18, 2018, 12:19:28 AM EDT, harry.porter@... [vpFREE] <vpFREE@yahoogroups.com> wrote:
<re: getting a refund of gambling tax withholding on winnings in MS>
You must excel with "sleight of hand", rossx, (at least where MS tax withholding on gambling winnings is concerned):
http://www.dor.ms.gov/Pages/Individual-FAQs.aspx#23
"Taxes withheld by Mississippi casinos as a result of gambling winnings are not refundable in Mississippi. Mississippi residents are not required to report Mississippi gambling winnings as income on their state return."
---In vpFREE@yahoogroups.com, <rossx_98@...> wrote :
It's not hard to do - get a state tax form and file it - I've done it and got my money back.
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