Are gambling losses deductible?
Gambling losses are not deductible for Connecticut income tax purposes even though, in certain circumstances, they are deductible for federal income tax purposes. Connecticut income tax applies to all gambling winnings included in federal adjusted gross income. 3. Will Connecticut income tax be withheld from reportable Connecticut lottery winnings? Residents and Nonresidents: The Connecticut Lottery Corporation will withhold Connecticut income tax at the rate of 5% from payments of reportable Connecticut lottery winnings whether or not federal income tax withholding is required. Nonresident aliens: Connecticut income tax will be withheld from reportable Connecticut lottery winnings of persons who are nonresident aliens, for federal income tax purposes, whether or not those winnings are subject to federal income tax withholding. 4. Are winners of the Connecticut lottery required to make estimated Connecticut income tax payments? The Connecticut Lottery Corporation will withhold Connecti
