Submitted by Novaham t3_11ei2q1 in personalfinance
Prestigious_Big_8743 t1_jae6005 wrote
Reply to comment by FourWayFork in I received only $13k of $20k sign on bonus, now I have to pay back $20k. by Novaham
I think the point they are making is that the bonus was taxed - so they didn't receive $20k, but the after tax amount. However, HR doesn't care, they want the pre-tax amount, and you correct the taxes to show you didn't actually receive that income. Refunding the taxes paid on your behalf.
FourWayFork t1_jae6q8j wrote
Okay, that makes sense then.
You basically have to take care of it when you file your taxes.
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