Do we have to pay back the signing bonus to PwC if we leave before completing 2 years? How do taxes get adjusted if we end up paying back?

likefunny
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Read your offer letter. The terms are noted within.

likefunny

Yeah you do. And you would have to pay it back pre-tax and adjust your filings

However like the above it is noted in your letter and the repayment periods are set within the letter as well.

like

As Judge Dearie, said:

‘You can't have your cake and eat it, too.'

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M1: HAHAHAHAHAHAHAHA

Taxes owed to the IRS/state aren’t the firms’ problem.

Clawback will be for the amount paid out. Your W2 should reflect the negative income in the appropriate year and you’ll likely get some of the previously paid taxes back as a refund.

Clawback isn’t negative income though, you have to write an after tax check

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