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LB 950 LB 950 LEGISLATIVE BILL 950 Approved by the Governor March 19, 2004, Introduced by Business and Labor Committee: Artist, 1, Chairperson; Burning, 33; Combs, 32; Kramer, 34; Plaster, 5 AN ACTs
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lb 950, also known as Form LB-0950, is a tax form used for reporting certain income to the tax authorities. It is commonly used for reporting gambling winnings.
Individuals who receive gambling winnings above a certain threshold are required to file Form LB-0950 with the tax authorities.
To fill out Form LB-0950, you will need to provide your personal information, details of the gambling winnings, and any taxes withheld. You can either fill it out manually or electronically.
The purpose of Form LB-0950 is to report gambling winnings to the tax authorities and ensure that the correct amount of tax is paid on these winnings.
The information that must be reported on Form LB-0950 includes the individual's name, address, Social Security number, details of the gambling winnings, and any taxes withheld.
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