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Old 08-26-2005, 06:02 PM
Guthrie Guthrie is offline
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Join Date: Feb 2005
Posts: 471
Default Re: Just got off the phone with my new CPA...

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He also said as a maximum 50% of my winnings could be taxed but most likely 25% will go to federal and 5% to state (I'm in massachusetts).

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So the other 50% is tax free? You might want to keep looking.
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