 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
I am being relocated by my company (roughly 100 miles or so-from Las Vegas, NV to Kingman, AZ). The company is paying for my moving expenses (rental truck, gas, moving supplies, etc) and since I am being promoted to a certain level, I am also getting a relocation bonus to "cover incidentals" (ie...
I am appointed to a IT company and they are offering me 50,000 RS as Relocation Bonus? I didn't understand the term bonus? Will they give me lump sum money Rs 50,000 as relocation charges or I have to submit the bills of expenses? Is this amount taxable?How much tax?
Hello, I recently graduated on December 16 2006. I have been on F-1 visa the last 3.5 years so I am considered a non-resident alien for tax purposes. I received a relocation bonus payment on December 27th 2006. My OPT was scheduled to start from 16th January 2007. Out of this bonus...
Hi, I'm going to be transferring within my company from the Washington, DC area to San Francisco. I've received a transfer package which includes the relocation package. I'm not sure what the rules are from a tax perspective, but I thought there were slightly different tax rules based on...
Hi Atlanta Tax Expert. Thanks a lot for your advice. However, I talked to my company today and they told me that IRS considers relocation allowance as a Bonus and it will be taxed at a higher rate which is 45%. Now, as I told you, I am on f1 status working on CPT in the state of California. Will...
View more questions Search
|
