Quote:
Originally Posted by TheSpyder
When you have a signer, how much do they take out? Say I win $2K, how much should I put aside or would they take?
Thanks,
Spyder
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Depends on the state your in in regards to state taxes but federal wise, unless its over 5k per $2 (also 5k per $1 per or 5k per 50cent), they will not take anything unless you ask them to.
And if it is over 5k, they take 25%