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September 30, 2021
Question

Impact of Severance pay on taxes

  • September 30, 2021
  • 1 reply
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    1 reply

    John-H2021
    September 30, 2021

    Hello,

    Severance pay is taxed by the IRS the same as wages and should have withholding for Federal and /state taxes along with Social /security and Medicare withholding

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