In Michigan. I cannot speak to the liability for nonresidents, but if a
resident gets a W2G win, then State income tax is owed on it. Period. They don't
withhold at the time of the win, but your refund (or tax bill) will be
adversely affected. And there's no fading it with losses.
- Brian in MI
In a message dated 6/11/2006 10:28:06 AM Eastern Standard Time,
harry.porter@verizon.net writes:
kelso1600 wrote:
>>When playing in Indiana, what are the tax implications for out-of-
>>state residents.
>>
>>Is their withholding? Refundable -- partial or whole?paladingamingllc replied:
>Refundable to the extent of the win ...Just to clarify, I presume this to mean that any tax withheld on
winnings can be refunded to the extent that the winnings are offset by
other in-state gambling losses?
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