{ "media_type": "text", "post_content": "If you payback a signing bonus and have a net hit (e.g., take home on $30k signing was $20k but am repaying the $30k to leave), will you receive any sort of benefit in the following years taxes?", "post_id": "60fef03fca37fd00207e2ad9", "reply_count": 4, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

If you payback a signing bonus and have a net hit (e.g., take home on $30k signing was $20k but am repaying the $30k to leave), will you receive any sort of benefit in the following years taxes?

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Is it in the same tax year? I believe you only have to pay net if it is.

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Then you only pay net and your employer should file a tax form to recover the withheld taxes.

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You’ll get that tax money back at the end of the year. Don’t know the process, but I think steps are required from both you and the company.

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