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Tax class and separate assessment

Choice of tax class in combination with separate assessment. Basic data: Married Tax classes: me 3, my wife 5 Income 2019: I earned 20,000 gross salary (January and February), plus 100,000 severance pay (gross). My wife earns 4,600 per month. Questi...

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Severance pay and progression clause

Good day, Issue: In 2016: completely unemployed, received 17,500 euros in unemployment benefits, received a severance payment of 10,000 euros; Tax office now demands a payment of almost 1,100 euros. Is this legal? If we deduct work-related expenses ...

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WHAT TAX CLASS FOR SEVERANCE PAY?

I have a few tax-related questions. I will be unemployed as of 01.01.2016. My wife is still working. I will receive a severance payment of €99,998.00 gross in January 2016 retroactively paid out according to § 34 EStG. My wife had a gross annual s...

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Severance pay and receipt of sick pay

Dear Sir or Madam, I have been receiving sick pay since 10/10/2014 and it looks like I will still be ill for the whole year (2015). My employer has now terminated my employment as of 31/05/2015 and we have agreed on a severance payment of €30,000. I...

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Change of tax class

I will terminate my employment relationship by way of a termination agreement/severance payment by 31.12.13. The severance payment in the amount of approximately 190,000.00 EUR will be paid out in January 2014. I will take advantage of the fifth prov...

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Is the fifth rule applicable?

I am currently on parental leave. In the meantime, my employer has publicly advertised my position and has now offered me a termination agreement in which the employment relationship will be terminated by the end of the year, three months before the ...

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Tax return for severance pay

Hello, I have a question regarding tax returns for severance payments. In the last 10 years, I have not filed a tax return and I am now wondering if it would be advisable in my case to file a tax return and if I can expect a refund, or if I may pote...

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Fifth rule

Hello and good day, After my timely termination on 28.02.13, I received the agreed severance payment of 35,000 euros from my employer, along with the February salary, as ordered by the labor court. Unfortunately, I cannot determine if the amount was...

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Tax refund

Hello, I had an income tax class III of approximately 32,000 euros from 01.01.12 to 31.05.12. In addition, I received a severance payment of approximately 150,000 euros in my May paycheck. My wife, in tax class V, earned approximately 33,000 euros ...

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Tax refund on severance pay

Good day, I am married and I lost my job in June 2012. I received a severance payment of 160,000 euros (fifth provision), of which approximately 50,000 euros were deducted as income tax. Since then, I have been unemployed. Now the question is, how m...

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Severance pay + other income

Next year (2013) I will receive a severance payment of 160 TEUR, for which the five-fifths rule should apply (concentration). I am married, my wife has no income. For example: My income from work in 2012 is 70 TEUR. Next year, I do not plan to have ...

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Generating losses with a small business.

Hello, I will be leaving a company at the end of this month with a severance payment. The severance payment will be taxed using the "Fünftelregelung". As of 01.06.2012, I have registered a small business (up to 17500 Euro/year) in the field of soft...

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