New Jersey S4478 modifies tax withholding for lottery winnings over $600 for those without social security or tax ID numbers.
New Jersey S4478 changes the withholding requirements for lottery winnings over $600 for individuals who do not provide a federal social security number or tax identification number. Under the bill, the Division of State Lottery must withhold eight percent of such winnings. This applies to prize claims submitted after the bill's enactment.
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