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Retirement tax questions
i received two checks from a wrongful termination-one check was from back wages and taxes were taken out of that-the second one is 16,875 for non-economic damages including emotional distress. i do not work and live on social security earning only. I was told I would be sent a Form 1099 for the second check. What percentage of the $16,875 will i be taxed?
May 20, 2022
12:43 PM