Repaying Bonus - Taxes
#2
Gets Weekends Off
Joined APC: Jul 2018
Posts: 259
Tax Implications
You will have to repay the $5,000 as that is what the airline is out. However you will be able to deduct $5,000 from your earnings which will reduce your tax liability and probably come out about even, all things being equal.
#5
At Expressjet you pay back what you were paid after taxes. The employer can do the math and recoup the difference.
Any airline that makes you pay back the full amount and go to the IRS for the difference is making it difficult on purpose.
Any airline that makes you pay back the full amount and go to the IRS for the difference is making it difficult on purpose.
#7
Gets Weekends Off
Joined APC: Nov 2018
Posts: 142
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