Irs Tax Form 1040a_some questions
Q.I have a form w2-g (gambling winnings) that I received from a casino in Biloxi, Mississippi. This form shows that $62.50 was withheld from the winnings for Mississippi state income tax. Mississippi is NOT my home state. My home state (NV) does not have a state income tax. Does anyone know how this is to be reflected (or even if it should) on my federal tax return. I normally file form 1040a form with the IRS. I would appreciate any helpful information in this matter.
A.You don't. It would be reflected on 1040 Schedule A, but by the fact that you file a 1040a, your standard deduction is normally higher than the itemized deductions you would have on Schedule A. You will file a return to MS, probably with zero tax, to get the amount withheld refunded. Anyway, the Mississippi withholding will not be a deduction on your 1040a. It would be a deduction on Schedule A if you itemized. If you like you can file a Mississippi tax return (non-resident return) and get your money back, if possible. Mississippi is betting (pun intended) that most gamblers will leave the state tax alone, to small to file for, etc.... $62.50 is worth getting back.
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