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loi853
New Member

Are we in the same tax bracket as last year?

We understand we had an unusual occurrence that did not withhold taxes before sending the closure amount,  but is that $3,000 worth?

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1 Reply

Are we in the same tax bracket as last year?

Brackets are not the only consideration.  There were major 2018 Federal tax law changes, including to many deductions and credits.  Your taxable income (not gross) is what matters.

How much was the unusual occurrence?

https://fairmark.com/general-taxation/reference-room/tax-brackets/2019-tax-figures-adjusted-for-infl...

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