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Do You Have to Report Lottery Winnings in New York State?

Learn whether you must report lottery winnings in New York and how to include them in your federal and state tax returns.

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Video transcript

Yes, you must report lottery winnings in New York. Regardless of the amount won, any lottery winnings are considered taxable income. You are required to report these winnings on both your federal tax return and your New York State tax return.

Questions and answers

  1. Are all lottery winnings taxable in New York?

    Yes, all lottery winnings are considered taxable income and must be reported on both your federal and New York State tax returns.

  2. Do I have to report lottery winnings regardless of the amount?

    Yes, any amount of lottery winnings must be reported to the IRS and New York State tax authorities.

  3. How do I report lottery winnings on my New York State tax return?

    You report lottery winnings as income on your New York State tax return, under taxable income, similar to how you report them on your federal return.

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