I left EY middle of last year and had to repay my signing bonus. When I got my signing bonus, it was post-tax. But I had to repay pre-tax. My W2 doesn’t have any mention of this. Any advice on how to handle this while filing for taxes?

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This happened to me as well. I spoke to a CPA about it and he said that this falls under itemization vs standard deduction. Fighting for the tax return on the signing bonus wasn’t worth it compared to choosing standard deduction in my case.

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EY1, amend your tax return and get your taxes back.

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OP, read this article https://dimovtax.com/how-to-get-tax-paid-back-for-bonus-repayment/

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@EYP1: Confused by your response. This thread is specifically focused on having to pay back income that was counted on a former year’s tax return, and how to maximize federal / state tax savings as a result (since OP / folks have to pay back gross amounts to their firms).

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I would have thought they wouldn’t report the amount of your bonus as income and that would get you the taxes back…

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