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You must get a copy of your Kind W-2G displaying the amount you won and the amount of tax withheld. Even if you don’t get a Kind W-2G, consist of your winnings on your return. If your winnings are reported on a Form W-2G, federal taxes are withheld at a flat rate of 24%. If you didn’t give the payer your tax ID number, the withholding rate is also 24%.
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