Discussion:Severance Pay = Taxable Wages?

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Discussion Forum Index --> Accounting Questions --> Severance Pay = Taxable Wages?

Capmark (talk|edits) said:

14 April 2007
Is there anything, anywhere (IRS publications, etc.) that states that Severance Pay is considered taxable wages?

Thanks.

Kevinh5 (talk|edits) said:

14 April 2007
try IRC Sec. 1 and Sec. 61

Ms1388 (talk|edits) said:

17 July 2007
Look at case law and IRS rulings.

Pegoo (talk|edits) said:

20 July 2007
In general severance pay are taxable income to the tax payer.

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