Modifies gross income tax withholding requirements for certain State Lottery winnings received by persons without social security or tax identification number.
Introduced First Reading Senate Referred to SBA
Summary
This bill changes how New Jersey withholds income taxes from lottery winnings for individuals who do not have a Social Security number or Individual Taxpayer Identification Number. It modifies state tax withholding requirements to ensure taxes are collected from these winners. This ensures the state can collect owed taxes on lottery prizes regardless of the winner's identification status.
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