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Results tagged with withholding
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user 62026
related to the practice, at times required by law, of deducting money upfront before paying the balance. Generally used in the context of taxes.
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Is the return of an IRS withholding taxable?
I am expecting a large check (ca 70k) from the IRS for a withholding of a house we sold back in 2013 (I finally got the ok that I will get the withholding back). … (We didn't live in the US anymore and so a withholding was put on it)
Now I wonder if the withholding is considered income and therefore subject to be taxable in any shape or form?
Thanks :) …
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