How much money (what %) should I hold back from an auto loss settlement in anticipation of tax filing?  In other words, I have a $ettlement from USAA for auto loss.  I know I will owe federal and state taxes on that "income" when I file my 2019 taxes.  What percent should I hold back to cover those taxes?  Is there a calculator for that?


@CJFmom, I would advise you to speak to a tax advisor regarding any questions like this. We would not be able to provide an answer regarding tax withholdings. Thank you.