Thread regarding Gulfstream Aerospace layoffs

Severance Pay and Taxes

Hi! If anyone here has received their severance pay, can you let me know if taxes were withheld? Or do we need to figure out how much should have been withheld with an accountant? Thank you.

by
| 951 views | | 3 replies (last June 19, 2020) | Reply
Post ID: @OP+15uS6aEk

3 replies (most recent on top)

Go on GDbenefits. Bottom of the page will have a link to your employee self service. You will see the paycheck of the severance and the tax

by
| | Reply
Post ID: @3fer+15uS6aEk

They do take taxes. The original amount given was without taking taxes. Expect way less that the amount on your severance paperwork.

by
| | Reply
Post ID: @rfb+15uS6aEk

They do take taxes. The original amount given was without taking taxes. Expect way less that the amount on your severance paperwork.

by
| | Reply
Post ID: @evr+15uS6aEk

Post a reply

: