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neptune032701
New Member

Hello, How can I adjust me W4 to minimize taxes on a lump sum severance package in NY that will be taxed like a bonus check (42%)? File Exempt Status? Extra Dependents?

 
1 Reply
AmyW
New Member

Hello, How can I adjust me W4 to minimize taxes on a lump sum severance package in NY that will be taxed like a bonus check (42%)? File Exempt Status? Extra Dependents?

If you want to view how your tax withholding would be affected by a W-4 change, see the IRS Withholding calculator here

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