2006-09-14 13:35:35 · 4 answers · asked by deron h 1 in Business & Finance ➔ Taxes ➔ United States
Depends what you are being taxed for. Is it at a state or federal level? If it is by state, which state since the state rate differs. Federal will depend on your marital status and the number of dependants you have.
2006-09-14 13:39:30 · answer #1 · answered by Mariposa 7 · 0⤊ 0⤋
If you are talkiing about in a lump sump you will lose about $16,000 in taxes.
2006-09-14 13:45:58 · answer #2 · answered by Ron L 2 · 0⤊ 0⤋
If its award money its between 40% and 50% so between 20k and 25k
2006-09-14 13:44:37 · answer #3 · answered by wolfpack pack fan 2 · 0⤊ 1⤋
see http://www.fairmark.com/refrence/index.htm
it will show you the rates for your situation, single/married. As well as the standard deduction, and exemptions.
JOE
2006-09-14 15:17:27 · answer #4 · answered by joetaxpayer 2 · 0⤊ 0⤋