I just got my serve be deposit and it is $2,000 short of what I was offered. Anyone else?
7 replies (most recent on top)
It's taxed 40%
Uhhh nope you won’t get it back with the unemployment check. Unemployment is considered income and is TAXED. It will be considered income for this years income. You should figure your tax rate and put aside some for when you file your income tax return.
This is what happens when you vote for parties that raise taxes folks. At least you'll get it back with your unemployment check, which they also their idea.
Yes. Federal taxes. Log into insite and and look at your pay stub.
It went to taxes, but you get it back next year. It actually says that severance is taxable in the email you got with your severance amount.
The amount that was told in the email June 25th stated the amount was estimated gross without any taxes taken out which was around 40%
Taxes! Mine was almost $6K short. I checked my paystub and it all went to state and federal taxes