answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How much taxes does a person pay on an eeoc settlement?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How much is a tfcc settlement worth?

A settlement in any profession depends on a variety of factors. How a person was injured and safety protocols may determine how much money a person gets in a settlement.


How much taxes do you pay on a slip and fall settlement?

The settlement will be listed as income on your Federal tax return. You will pay the tax percentage of the bracket you are in that year.


How much money does a rich person have to pay for taxes?

69 %


how much to take out for self-employed taxes on $900.00?

how much state taxes to take out for self-employed person making $900.00and forms needed.


How much in taxes do you pay for 107000 in a medical class action settlement?

If you receive the settlement in one lump sum, the IRS places you in a higher tax bracket for the year you receive it, so your amount in taxes is based off of your total income for that year. In this case, $107,000 in itself will have approx 28% deducted.


How much does Michigan make in taxes each year?

well michigan is a very un useful place and the playload sucks. taxes can vary person to person but dont expect much. if youre expected a good load some of money in taxes have more kids and move to the bronx.


How much does a british person that makes 100000 a year pay in taxes?

no one knows :(


How much does the average person pay for taxes every month?

They take about $2k from me, and I hate it.


How would one go about selling structured settlement for cash?

There are a few things someone would have to do to sell their structured settlement for cash. First, a person would have to fill out an application and determine how much of their settlement they wish to sell.


What is the federal tax rate on an EEOC mediated settlement?

Settlements may be taxable or nontaxable, depending on the claim that's been settled. Taxable settlement amounts include interest, compensation for lost wages, etc. There's no set federal tax rate on a settlement. How much tax you'll be assessed depends on your filing status and taxable income. Taxable settlement amounts usually are entered on line 21 (Other Income) on Form 1040. For more information, go to www.irs.gov/formspubs for Publication 525 (Taxable and Nontaxable Income).


How much taxes do you have to pay on $600.00?

How much federal taxes do you have to pay on $600?


How much are taxes in Florida on 5000 dollars?

None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.