As question above is asking, is the 10K for a signing bonus taxed so we are only getting 7K, or are taxes already taken into consideration by the firm and we receive 10K after taxes? I have never heard until recently that its 10k after taxes and just wanted to check if that was the case.
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10k pre tax
LOL
I thought it was too good to be true. So follow up question, how the hell do people who’s parents don’t have money afford anything after the down payment on two months rent/broker fee? That wipes out their whole signing bonus. They need to inflation adjust the signing bonuses too.
Simple. They don’t.
By having a job and making your own money.
Credit card debt bro, just lever up
Nobody, not even a tax accountant, will ever quote you a number post tax.
I’ve had moving expense reimbursement grossed up to cover my costs
Who told you the tax rate is 30%?
What's the tax rate on signing bonus?
Don't quote me on this, but I think it's withheld as if it's 10k as a standard paycheck (so as if it's a $260k/year salary?) but you get it back with your tax return. I might be totally wrong though.
Its more like 5k after tax
yep mine was little less than 6k I think
People be complaining about GRINDING 24/7 and BEING A HARDO to get offers but cant understand taxes.
Mine was 7.8k in Texas. Gotta love no income taxes!
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