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What % did you take home from your bonus
By now, those who would get a bonus have received the bonus Starting a thread to discuss taxes - NYC specific Living in NYC, got a nice bonus, $x00,000.00 (Super excited)!! BUT I just got paid yesterday and the amount I got blew my mind!!!! I got 38%! I was like .... what the heck! more details:...
Avoiding taxes on bonus by short-term moving?
Hey everyone! Quick question for you. If I were to move to a state with no state income tax (e.g., Texas, Washington) for a week or something when by end of year bonus hit, could I claim that I live there and not pay the income tax on the bonus? My fund lets me work remote but I'm in a state that...
Anyone have any idea of how paying back sign on bonus works?
I left my old firm the year after I joined it and was required to pay back my sign on bonus in full amount although I only received the post tax portion. I was told that I would be able to recoup the taxed portion of that bonus once I received an amended W2C showing an adjustment in my taxable wages...
Average New York IBanker's 1st Year Income after tax?
Done some research on the topic but would like to lay it out more clearly/ get clearer insight. How much would a 1st year IBanker at a BB in NY receive after taxes? Assuming $70,000 base and $40,000 bonus (correct me if I'm wrong on the bonus) What I gather: -Federal Tax: 35% bracket -NY State 7.7%...
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