Compensation

Any way I can not have my signing bonus rekt by taxes?

Facebook CuckerBerg
Jan 10

Pls? I just wanna kill my student loans

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  • New me2you.
    Still voting for democrats?
    Jan 103
    • Quora iSjP52
      Free college = no student loans
      Jan 10
    • Amazon what¿
      My total student loans are less than what is paid on any tax year.
      Funny how you call it free, when you will pay for it every year. I can pay off my loans, but will never pay off my taxes.

      I am not saying it is a bad idea, I just think using the word free is extremely misleading.
      Jan 10
    • Microsoft / Engleet_away
      There’s no such thing as free. At least when you’re done paying your student loans you’re done. But with “free” college you’re paying it through the nose until the day you die. No, thanks!
      Jan 11
  • You could not accept the bonus and not pay any taxes at all.
    Jan 101
    • New JthG36
      And this guy knows taxes!
      Jan 10
  • Google 9yearold
    Put in 99999 allowances in your w4
    Jan 104
    • Pinterest VgKf53
      That sounds like advice a 9 year old would give
      Jan 10
    • SEVENROOMS / EngDEADB33F
      Nah, put in (2^32)+1 as your comp and watch IRS systems meltdown
      Jan 10
    • Facebook / Eng>>
      2^32 will overflow on a signed 4-byte int :)
      Jan 10
    • SEVENROOMS / EngDEADB33F
      +1 is just to be sure
      Jan 11
  • rewardStyle not-real
    Ib4 taxation is theft
    Jan 100
  • Pinterest VgKf53
    Nope
    Jan 100
  • Indeed / Other
    TC1Billi

    IndeedOther

    PRE
    Lyft
    TC1Billimore
    Taxes suck 🤤
    Jan 101
    • Apple ^H^H^H
      You should try the alternative!
      Jan 10
  • New / EngJefe Pesos
    Ask if you can exchange salary for bonus? Higher base but less bonus.
    Jan 102
    • Facebook CuckerBerg
      OP
      Good idea
      Jan 10
    • Google jiaofn
      Contribute 100% of your bonus to 401k and reduce your pay check contributions by an equal amount.
      Jan 10
  • Amazon what¿
    You can put more money into retirement plans to help reduce the taxable portion.
    Jan 100

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