Is severance pay typically taxed differently than regular wages? Background: Company (not consulting) I work for has laid me off and is paying me a few weeks severance + prorated bonus.

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Neither severance nor bonus is taxed differently. They are withheld differently. This is a big misconception that people think

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If you ever review your taxes, there is only one line for total income, not separate lines for salary and bonus

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You’re forgiven 😇

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For context, my signing bonus with this company a while back was taxed differently than my regular wages

Sorry, that’s what I meant, withheld differently

22% tax

For fed. +state, FICA, etc

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