Might be a dumb question but if you leave before the 2 year mark (or whatever your firm dictates), do you have to pay back your signing bonus pre or post tax? (First year analyst here..)

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Posting as :
works at
You are currently posting as works at

When you pay the firm back you should ask them for a w2 that includes that amount. So that year you will pay less taxes so essentially you get the taxes paid back.

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Pre.
The firm doesn’t care how much money Uncle Sam took from your check

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Okay dumb question indeed. I just thought about it for a second and it clicked

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Omg my coworker had 3 weeks left (out of 2 years) and they made her pay it back!

funny

Not a dumb question. But yeah pre-tax. I think you can claim some as a deduction on your taxes the yr you leave

How often does the firm enforce this policy? I know quite a few people that left and I don't think they ever paid back the signing bonus.

For us (IBM) even though the program is 2 years, the payback period is 1 yesr

Pre. A contract is a contract. ^ friend should have waited out the last three weeks...

She did the math and the pay was so good she’ll make more by leaving and paying than staying

She couldn't defer 3 weeks?

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