I received an offer for a new job out of state. The company is offering me a relocation lump sum of $ 17,000 but will gross it up so the "real" amount will be approx. $ 27,150
In the relo agreement they want me to sign, they pro rate the money to be reimbursed for the time prior to 18 month. After that I wouldn't have any money to pay back in case I leave. They prorating always the $27,150 although I only received 17,000.
Should I sign this? Shouldn't I pay a prorated sum based on the 17,000 back since I did only that money. They company would have to ask for a tax reimbursement/credit from the IRS, right? I do not want to pay money back, I didn't receive (taxes).