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SusanR2
Employee Tax Expert
Employee Tax Expert
Member profile
J.D. with over 15 years of experience
Latest badges earned

  • Solved Re: Severance Pay

    To follow-up on your issue, we as taxpayers are supposed to pay tax as we go through the year receiving income. So, if you know you will not have enough tax wit...
    SusanR2
    Updated May 29, 2025

  • Re: Reduce tax owed from HYSA

    If you owed due to the interest on your Hight Yield Savings Account and you know you will have that income again, then I would suggest you have your employer wi...
    SusanR2
    Updated May 28, 2025

  • Solved Re: Severance Pay

    In short, yes. Typically, when it comes to severance, the employer withholds a flat 22% supplemental wage rate. (Though this can be as high as 37% for amounts...
    SusanR2
    2
    Updated May 29, 2025

  • Re: Recently widowed need w4 help

    When you updated your W-4 form, did you indicate that you are Single now? Since you stated you have no dependents, you are not able to file as a Qualified Survi...
    SusanR2
    Updated May 28, 2025

  • Re: Am I withholding the right amount?

    To answer your basic question about whether your strategy seems reasonable, yes, it does. I say that because you indicated you did some research and used a calc...
    SusanR2
    Updated May 28, 2025
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