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I’m from NYC and I have a severance pay coming in one lump sum for the amount of $45,000. How much of this will I come home with after all taxes are taken out?

 
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2 Replies

I’m from NYC and I have a severance pay coming in one lump sum for the amount of $45,000. How much of this will I come home with after all taxes are taken out?

You have not given enough information.  We do not know your filing status, whether you have any dependents, etc. nor have you said how much other income you have had.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

I’m from NYC and I have a severance pay coming in one lump sum for the amount of $45,000. How much of this will I come home with after all taxes are taken out?

Ask the payer for the amount to expect ... only they can give you an accurate figure.
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