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Do I need to save money for taxes from Settlement ?
Do I need to save money for taxes from Settlement ? I’m not currently working, got a 15k settlement. This will probably be my only “income?”for the year. I believe this will count as income so I would need to file for taxes for 2025…? I’m also wondering if i need to save 25% of it to back pay taxes when I file next year?
submitted by /u/angiexbby
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