PDA

View Full Version : Tax time


KimKyle
02-12-2018, 08:00 PM
So I finally got a handpay last year in Louisiana and now I have to figure this out.

Do y’all file a return in the state you won in?


Sent from my iPhone using Tapatalk
FL Mary
02-12-2018, 08:52 PM
I had a handpay in Louisiana too and have to file a state return for Louisiana. I had to do this one time before and recall that it wasn't easy but I did get a portion back of what they withheld.
Luckylinda123
02-12-2018, 08:57 PM
I just blew it off from wins in New Orleans.yes you would have to file to get it back
Coushatta didn’t withhold any when I won there
dvandentop
02-12-2018, 10:17 PM
Didn't bother with the Ms handpay I had
E4208
02-12-2018, 10:45 PM
So I finally got a handpay last year in Louisiana and now I have to figure this out.

Do y’all file a return in the state you won in?


Sent from my iPhone using Tapatalk

Kim--you will need to file as a non- resident in LA. You'll get about half of the withholding back. Their forms are tedious and their processing even more so. Good luck.
KimKyle
02-12-2018, 11:04 PM
Ok someone at work told me the same that yes it’s required. So when you don’t file one you are just taking a chance or the states don’t care because they get to keep all your money?


Sent from my iPhone using Tapatalk
KimKyle
02-12-2018, 11:06 PM
FL Mary and @4208 what is so bad about their forms? Do they ask for more documentation or what?


Sent from my iPhone using Tapatalk
FL Mary
02-12-2018, 11:28 PM
Didn't bother with the Ms handpay I had

It is non-refundable in MS.
E4208
02-12-2018, 11:38 PM
FL Mary and @4208 what is so bad about their forms? Do they ask for more documentation or what?


Sent from my iPhone using Tapatalk

No more documentation. Just long. I remember like 4 pages worth. I found them tedious unless you're a dairy farmer. LA gives them a ton of breaks. I filed in February and received my refund in JULY after filing twice and calling them multiple times. Apparently non-resident forms are put in separate files to be processed last. I have no idea what the law says about not filing.
tee2green
02-13-2018, 03:15 AM
What about a situation where the state DIDN'T withhold state taxes? I had a HP in NJ and another one in NY in 2017. I'm sure I told them to take taxes from the NJ one but they only withheld federal. Never told them to withhold the taxes at all for the NY one. I'm assuming since neither state got their share of my winnings I'll need to file non resident returns in both states? This may be one year I might look into having a tax accountant do my taxes. Not worth the aggravation!


Sent from my iPad using Tapatalk
Mimi
02-13-2018, 03:59 AM
What about a situation where the state DIDN'T withhold state taxes? I had a HP in NJ and another one in NY in 2017. I'm sure I told them to take taxes from the NJ one but they only withheld federal. Never told them to withhold the taxes at all for the NY one. I'm assuming since neither state got their share of my winnings I'll need to file non resident returns in both states? This may be one year I might look into having a tax accountant do my taxes. Not worth the aggravation!


Sent from my iPad using TapatalkI believe you don't need to file a State return for those states since your not a resident. I've only filed out of state returns to get money back that was automatically withheld.

Sent from my SPH-L710T using Tapatalk
tee2green
02-13-2018, 04:52 AM
I believe you don't need to file a State return for those states since your not a resident. I've only filed out of state returns to get money back that was automatically withheld.

Sent from my SPH-L710T using TapatalkThanks Natalie. I'll do some research. Just started thinking about taxes for the year and already my head hurts. At least I don't have to deal with all the college part for my daughter anymore but it was nice having her as a dependent while it lasted!

Sent from my SM-G900V using Tapatalk
Nhcris
02-13-2018, 03:40 PM
This is the only time of year I am grateful for no handy's! Good luck to all of you dealing with extra forms. I hope things work out so you get refunds!
KimKyle
02-13-2018, 03:55 PM
I just looked on Louisiana web site and found this.
So does this mean you only have to file if you want your money back?

I just took a pic of my computer screen so it’s bad.

https://uploads.tapatalk-cdn.com/20180213/65b1dc043f5ac1e669717d676a275496.jpg


Sent from my iPhone using Tapatalk
E4208
02-13-2018, 05:35 PM
Who must file
Louisiana residents, part-year residents of Louisiana, and nonresidents with income from Louisiana sources who are required to file a federal income tax return must file a Louisiana Individual Income Tax Return.

And: Nonresident and Part-Year Resident Individual Income Tax
Nonresident and part-year resident taxpayers who are required to file a federal individual income tax return are required to file a Louisiana income tax return, IT-540B, reporting all income earned from Louisiana sources. The calculation for the IT-540B requires that a taxpayer report all income from all sources in order to determine a ratio of Louisiana adjusted gross income to Federal adjusted gross income. Only income earned from Louisiana sources, however, is taxed.
Gambling winnings earned in Louisiana is considered to be Louisiana sourced income. A nonresident who received gambling winnings from Louisiana sources and who is required to file a federal income tax return must file a Louisiana return reporting the Louisiana income earned. If the amount withheld is overpaid, a refund of the difference will be issued or credited to the tax liability for the following year, based upon the taxpayer's return.
E4208
02-13-2018, 05:42 PM
Kim,
I'd strongly recommend a paper return vs. electronic. When I did it, you had to have at least one return on file in the past with the state to do the electronic.

Keep multiple copies. Keep multiple copies. Did I say keep multiple copies.

I don't think anyone read my post on filing multiple times. What a fiasco.
charlie50
02-13-2018, 06:02 PM
Coushatta only withholds federal taxs on request .
E4208
02-13-2018, 06:09 PM
Coushatta only withholds federal taxs on request .

Is that casino located on sovereign tribe land? If so, they might not follow the laws like non sovereign locations. Warren would know.
charlie50
02-13-2018, 06:28 PM
Is that casino located on sovereign tribe land? If so, they might not follow the laws like non sovereign locations. Warren would know.

Yeah thats gotta be it gary ...donna got a handy at Delta downs a little while back .but didnt remember at what rate she was taxed at by the state on the $$$ she won . we will have to see what our tax prepairer says about it here in a few weeks when we go do the return for last year
tee2green
02-13-2018, 11:33 PM
So researching state taxes in the two non resident states I won HPs in (NY and NJ), it looks like only lottery wins are considered income sources in NY state so I won't need to file a non resident return for NY. Got this info from the NY State Dept of Taxation and Finance.

Still researching NJ but pretty sure I may have to file a non resident return there.https://uploads.tapatalk-cdn.com/20180213/a0afc25675a245a91ed98a8be3244e63.jpg

Sent from my SM-G900V using Tapatalk
E4208
02-14-2018, 01:56 AM
The gambling laws are so out of date. The $1200.00 threshold for the feds must go back to the 1920's. And, the states would be smart to just take a small cut or no cut and file no return.

I reckon this ain't gonna happen. The problem is that the non gambling electorate doesn't give a crap. So, there you have it.