Ask Larry

Experts at Maximize My Social Security have answered more than 10,000 questions about Social Security over many years. Search for your questions and answers here.

Will I Be Taxed On My Severance Package?

my job is being eliminated and I am receiving a small severance package. Will I be taxed on that amount?



Hi. I'm sorry, but my expertise is limited to Social Security benefits. I'm not able to answer questions about income tax regulations.

Best, Jerry

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Posted:
March 31, 2023