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    BlakeS's Avatar
    BlakeS Posts: 2, Reputation: 1
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    #1

    Mar 7, 2008, 12:03 PM
    Option: Relocation Package or Bonus Package - What is Better?
    I have been offered a lump sum relocation package or it can also be a lump sum bonus package. I live in FL and will by moving to NYC. What would be the best offer to take with the least in taxes?
    BlakeS's Avatar
    BlakeS Posts: 2, Reputation: 1
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    #2

    Mar 10, 2008, 06:14 PM
    Please... someone?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #3

    Mar 11, 2008, 05:52 AM
    I don't think there's any difference. Both are taxable. So if both are for the same amount of money, it's a wash. I am assuming here that the relocation package is a lump sum payment to you, and not reimbursement for expenses you actually incur in the move.

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