FL resident gambling winnings in CA & KY

Technical topics regarding tax preparation.
#1
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394
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13-Sep-2014 1:26pm
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New York
Hi all, hope you're having a great tax season. I did my due diligence however just hoping for some reassurance. If a FL resident has significant gambling winnings at a CA racetrack and also a KY racetrack these winnings are taxable to each state and a nonresident CA and nonresident KY tax return needs to be filed. Correct? Thank you !
 

#2
JR1  
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21-Apr-2014 9:31am
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Western 'burbs of Chicago
Yep, tell them to only gamble in state! lol

Esp. since FL has not tax, therefore no credit for KY/CA taxes paid.
Go Blackhawks! Go Pack Go!
Remembering our son, Ben Jan 22, 1992 to Aug 26, 2011.
For FB'ers: https://www.facebook.com/groups/BenRoberts/
 

#3
Posts:
394
Joined:
13-Sep-2014 1:26pm
Location:
New York
Hi JR1, hope you're doing well. Thank you very much for this confirmation, I really appreciate your time and expertise.
Have a good evening.
 


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