Yes, it was at Meskwaki in Tama - good memory! She knows that she'll owe
Iowa some taxes, but thanks for the reminder! It was the earlier comment
that Iowa casinos will sometimes withhold state taxes from jackpot winners
which caught my attention and prompted the post.
- Brian in MI
···
______________________________________
jclind82 wrote:
I think I saw your trip report about that BJ tourney - in Tama, correct?
I forgot to mention in my original reply that Indian casinos are exempt
from the mandatory withholding at the time of the win. However, one would
still be liable to pay Iowa state taxes even if tax was not withheld
initially.
And to clarify, both residents and non-residents have to pay.
___________________________________________
Marksalot300@... wrote:
That's interesting. Deb earned $5,500 in an Iowa blackjack tournament
recently and they didn't withhold anything, even though she's obviously
an
out-of-state resident.
- Brian in MI
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