text: general motors employee but outs $40-170k; will checks be net or taxed; and by what amount? those employess at general motors and delhi who have been offerred the eary buyouts ranging from $40k and $170. will these checks be net payments or will taxes be assessed?  by what percentage? if they receive a net check for example of $100,000, what taxes will they have to pay? the amount is taxable.  depending on the employer it may be possible to stretch the payments over several years to reduce taxes.  the tax rate is entirely dependent on what your other income is, your marital status and how much your spouse earns, number of kids (for exemptions), and your other deductions.  if you cross a certain amount of income the irs starts to limit your deductions.  and of course you may simply run into the amt.