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tax status for a buyout payment
What is the tax status for the recipient of a buyout (incentive to vacate premises), in the state
of California? Is it taxed as capital gains and if so, how can I avoid this? If the payment is worded as a rent rebate, is it taxable? In other words what are the tax ramifications of the buyout and can I avoid the taxes?
‎June 8, 2022
12:03 PM