IB analysts: How much money did you get back from the IRS?

TheBull07 — Mon, 15 Jan 2007 13:28:33 -0500

How much money did you all get back from the government in tax returns???

What types of things can we deduct and since our bonuses are taxed ~45%, should we expect to get at least a couple of k back ?

much thanks in advance.

when does the analyst fiscal year cycle end?

TheBull07 — Wed, 27 Dec 2006 02:57:58 -0500

june 30 or july 31? which banks have which fye?

also, what happens if an departing second year analyst needs to leave the job 1 month prior to the 7/31 fye due to his/her other opporutnity forcing him to join at that time? is bonus just prorated?

i am most interested in BB. thanks.

S&T bonuses versus IBD bonuses?

TheBull07 — Wed, 27 Dec 2006 02:41:46 -0500

Can somebody please shed some light on Sales & Trading analyst bonuses for years 1, 2 and 3 on the job as well as typical hours/career progression? When is it that traders makes the millions of dollars that everybody spews about (including Trader magazine)?

I know that the general consensus for IBD analyst comp is as follows:

Year 1 bonus: ~60-80k
Year 2 bonus: ~80-100k
Year 3 bonus: ~100-120k