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Exact(55)
It went in a lump.
It is generally given in a lump sum for the year.
It was really part of the royalty or rental in a lump sum or down payment.
(Points are essentially interest paid up front, in a lump sum).
If you receive the money in a lump sum, however, then it's taxable all at once.
He said his contract stipulated it should be paid in a lump sum.
Similar(5)
The ticket is worth $46 million in an annuity, or $23,748,052 before taxes in a lump-sum payment.
They netted $136.5 million in a lump-sum payment after taxes.
Instead of paying in a lump sum you can now pay monthly or in two six-monthly instalments.
Should I take my pension out in a lump sum?
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