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California resident Joe wins the California lottery and the Texas lottery during the tax year. How will these winnings be treated for tax purposes? a.
California resident Joe wins the California lottery and the Texas lottery during the tax year. How will these winnings be treated for tax purposes? a. California will tax all lottery winnings that are actually distributed during the tax year. b. California will tax all lottery winnings during the tax year only if lump-sum distributions are selected. c. California will not tax the California winnings. d. California will not tax any of the winnings
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