How can I avoid tax on a separation / severance payment?
I was shocked to find that my job was eliminated and now have been sent a severance agreement with a final payment amount for my acceptance. It's not much but money I really need every red cent of it. I wasn't told prior to this offer that I'd have tax taken out before I get the money instead of a 1099 at the end of the year.
Is there a way I can have this disbursed using a 1099?
HELP!!!
Answers (0)
No answers were found for this question.
Answer This Question
Sign In to Answer this Question
Related Questions with Answers