TwirlyPretzel
TwirlyPretzel
12mo

Avoid tax on Severance pay

Hi all,

How can I avoid tax on my severance pay after being laid off, is there any form that I can fill to ensure tax isn’t deducted on severance?

12mo ago
ZippyWalrus
ZippyWalrus

i dont think that's possible

TwirlyPretzel
TwirlyPretzel
12mo

Thanks, my tenure is 9.5 yrs. so will I get gratuity for 9.5 years or just 5 years?

TwirlyPretzel
TwirlyPretzel
12mo

Haha!

DerpyBurrito
DerpyBurrito

Don't take a severance and then avoid the pay

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