Repaying sign on bonus ...Hi I just gave my resignation today and wanted to check on repaying signon bonus.
Is it the gross or net amount that you should pay back
? Has anyone recently paid back ? Thx

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It’s gross. You’ll claim the tax deduction on next year’s return

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I just did it when I exited. Its gross, and you should receive a W2-C for the year you got the bonus.

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+1 to all the above. For details on how to claim benefits on your future tax returns, see this FAQ page that helped me :)

https://ttlc.intuit.com/questions/2236424-what-is-the-irc-1341-repayment-credit-in-layman-s-terms

likehelpful

This is more than being helpful 🙏🏼🙏🏼 thank you so much !!!

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Gross. Agreed with a1

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Do you have something lined up? I assume you have been there less than a year?

Good luck!

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Y leaving?

Didn’t like to travel 😐

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