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2024-12-09 19:29:19 UTC
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Brian Vastag on Nostr: So after 4 years of *zero* income, I was suddenly in the highest tax bracket and had ...

So after 4 years of *zero* income, I was suddenly in the highest tax bracket and had to pay huge taxes on the lump sum that Prudential gave me (which was not the total value of the policy...long legal story here). It was infuriating. I wrote a 6-figure check to the IRS for a disability payment that was supposed to be income replacement for 20+ years (until age 65).

8/