Stupid Question: Will my signing bonus be taxed
I seriously need to pay off this student debt its killing me, a nice 15k signing bonus would be fucking awesome but NYC is gonna fuck me over I feel
Trending Content - Investment Banking Forum
| +189 | Just One More Year | 15 | 11m |
| +171 | Piper Sandler in talks to acquire PWP | 74 | 4d |
| +123 | UBS Appears to be Exploring Sale | 19 | 2d |
| +86 | Paradise Is Paradise | 7 | 5h |
| +77 | Drunk VP. How to manage? | 27 | 16h |
| +38 | How do I take my foot off the gas? (AN1) | 4 | 1d |
| +38 | Lazard US Views 2026/2027 | 13 | 20h |
| +32 | M&A is Paradise | 1 | 5d |
| +25 | Why did EVR succeed vs GHL or PWP that ended up getting acquired? | 7 | 2d |
| +23 | HR is starting to worry me, do I throw a hail mary during an upcoming chat with an MD? | 2 | 5h |
Career Resources
Yes. Exorbitantly.
Can confirm from experience.NYC, I lost about 48% of my signing/relocation bonus to taxes.
Edit: -Added "to taxes"
Yes, will be taxed heavily. Mine in NYC was ~8k net
Tax and death baby
Why do people always omit the fact that you'll likely get a good amount back as a tax refund?
Tax withholding =/= taxes owed and most financial firms overwithhold.
Dignissimos molestias tempora voluptatum quod culpa provident ipsum ad. Nobis perferendis in accusamus non recusandae consectetur est sunt. Voluptates ab quasi aut et unde. Nihil quia enim rerum qui aut. Soluta voluptatem at itaque cumque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...