How does the severance get taxed if it's paid in lump sum vs monthly?

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Posting as :
works at
You are currently posting as works at

You get taxed based on when you get cash, generally

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You’ll end up paying the same amount in taxes either way.

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44%.

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Why 44%

Its based on income on a given year. If the monthly crosses over to following year thats your answer on what will be diff

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