03.06.2019 | answered by Knut Christiansen
Hello...my question would be whether a severance payment always has to be taxed by the employer or if I can also have it paid out gross, in order to then declare the amount myself in the tax return for the year of payment, along with other income, wh...
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27.03.2019 | answered by Knut Christiansen
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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19.07.2017 | answered by Patrick Färber
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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17.11.2015 | answered by Tobias Heinrich
Dear Sir or Madam,
I am currently living in Germany with my family. Several months ago, I reached a settlement with my employer in court after 30 years of service. I have been receiving my salary as usual. The question now is when and whether I shou...
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28.10.2015 | answered by Peter Lipp
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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28.08.2015 | answered by Anton Pernitschka
Good morning,
I have questions regarding severance pay and reducing the expected tax burden.
Background:
I have reached a judicial settlement with my current employer, in which they will pay me my salaries until the end of 2015 as severance pay in c...
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05.03.2015 | answered by Anton Pernitschka
Salary in 2015: January to March: 20K€
Severance pay at the end of March: 180K
Work-related expenses in 2015: 50K (I plan to start an MBA in September 2015)
My specific question:
How is the net salary (or the income tax to be paid) for 2015 calcula...
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25.02.2015 | answered by Ralph J. Schnaars
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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06.01.2015 | answered by Anton Pernitschka
Good day: Here is my situation..
My employment is terminated on the initiative of the employer for operational reasons by mutual agreement as of 30.09.2015. Until that date, I am released from work with continued payment of my current salary. An seve...
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18.11.2014 | answered by Anton Pernitschka
I was offered a severance agreement with a payout by December 31, 2014. I can choose the date of the payout for 2014, 2015, or 2016. Since I am expecting other income in 2015 (a temporary employment in another company), I wanted to choose the payout ...
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07.11.2014 | answered by Ralph J. Schnaars
Can my severance payment of 350,000 euros in January 2014 be exchanged according to the fifth regulation with tax class 1 by marrying someone with tax class 3, and when will the approximately 35,000 euros be refunded? Best regards...
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20.11.2013 | answered by Patrick Färber
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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02.10.2013 | answered by Anton Pernitschka
Hello,
I have a question regarding the tax treatment of severance payments. My professional situation is as follows: I work in a large corporation in a department where, due to the current workload, I am not able to fully develop. In other words, I ...
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01.10.2013 | answered by Anton Pernitschka
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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28.08.2013 | answered by Yanqiong Bolik
Hello,
my employer has offered me a termination agreement with a severance payment.
I have been on parental leave for several years (with 2 children) and had no parental benefits in the last year, so no income.
The severance payment would be 5400€, n...
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28.07.2013 | answered by Frank-Olaf Illiges
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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22.03.2013 | answered by Steffen Becker
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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21.02.2013 | answered by Steffen Becker
On 07.02.2013, I was 53 years old and had been with the company for 16 years when I attended the conciliation hearing at the labor court. A settlement was reached by mutual agreement, in which it was determined that my former employer must pay me my ...
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11.01.2013 | answered by Michael Herrmann
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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11.01.2013 | answered by Michael Herrmann
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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08.11.2012 | answered by Yanqiong Bolik
Hello,
here is my situation:
In 2011, I only taxed a severance payment with the 1/5 rule in Germany, otherwise I had NO income in Germany.
After that, I had various stays abroad until I established an employment relationship in Austria from 1.3.20...
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27.10.2012 | answered by Yanqiong Bolik
Good day.
We are three shareholders with each 33 percent ownership in a GmbH. All three persons are employed as managing directors with taxable salary.
I now want to resign from both positions.
According to an agreement between the shareholders, I am...
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26.10.2012 | answered by Yanqiong Bolik
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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26.09.2012 | answered by Yanqiong Bolik
Good day,
I have been terminated due to operational reasons as of December 31, 2012. According to the discussions so far, I am expected to receive a severance payment of 17,000 euros in 2013. This means that I will then be in tax class 1. My annual ...
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15.08.2012 | answered by Ralph J. Schnaars
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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