Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #2  
Old 07-25-2013, 08:40 AM
Scav Scav is offline
Saratoga
 
Join Date: May 2006
Location: Northwest of The Chi
Posts: 16,012
Default

Quote:
Originally Posted by TheSpyder View Post
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
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%
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 06:20 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.