Any way I can not have my signing bonus rekt by taxes?
Pls? I just wanna kill my student loans
Ib4 taxation is theft
You could not accept the bonus and not pay any taxes at all.
And this guy knows taxes!
Put in 99999 allowances in your w4
That sounds like advice a 9 year old would give
Nah, put in (2^32)+1 as your comp and watch IRS systems meltdown
Ask if you can exchange salary for bonus? Higher base but less bonus.
Good idea
Contribute 100% of your bonus to 401k and reduce your pay check contributions by an equal amount.
Taxes suck 🤤
You should try the alternative!
You can put more money into retirement plans to help reduce the taxable portion.
Still voting for democrats?
Free college = no student loans
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.
Nope