Tax refund Severance pay
March 9, 2021 | 30,00 EUR | answered by Steuerberater Knut Christiansen
Hello,
I would like to know if I can expect a tax refund:
Employed until 03/2020. Salary for the 3 months totaling 18900 euros and payment of a severance package amounting to 93000 euros.
Since then, I have been receiving unemployment benefits (ALG I) without a waiting period, so since April 2020. If still relevant: I am privately insured, tax class I.
Best regards,
Ansgar Krukau
Good day Mr. Krukau,
Thank you for using frag-einen.com!
Unfortunately, a general answer to your question is not possible because there are many missing pieces of information. It would be particularly important to know:
- Amount of income tax for the period until 03/2020 (income tax certificate 2020)
- Amount of income tax on the severance payment
- Amount of unemployment benefits (ALG1)
- Amount of pension contributions, especially the amount of contributions to basic health insurance and employer subsidies.
If the information is available, only a rough calculation can be made, as the fee paid is only partially passed on to me. However, a complete tax calculation cannot be carried out for only 15 euros. A tax return must be submitted due to the severance payment and receipt of ALG1, as there is an obligation in this case. Given that ALG1 affects your tax rate, it is likely that there will be a tax payment.
I hope this answers your question, but feel free to ask any follow-up questions at no additional cost.
I would like to remind you that this forum cannot replace a thorough and personalized tax consultation, but is mainly intended to provide an initial tax assessment. By adding or omitting relevant information, the legal assessment of your issue could be different.
Best regards,
Knut Christiansen
Tax advisor
