99D.16 - WITHHOLDING TAX ON WINNINGS.
99D.16 WITHHOLDING TAX ON WINNINGS.
All winnings provided in section 99D.11 are Iowa earned income and
are subject to state and federal income tax laws. An amount deducted
from winnings for payment of the state tax, pursuant to section
422.16, subsection 1, shall be remitted to the department of revenue
on behalf of the individual who won the wager. Section History: Recent Form
87 Acts, ch 214, § 1; 92 Acts, 2nd Ex, ch 1001, § 233; 2003 Acts,
ch 145, §286
Referred to in § 99D.9, 99D.10