Relocation staff told me i will be getting 10k as lumpsum and 3k for furniture allowance, is that 10k after taxes or before taxes? how about furniture allowance 3k after or before taxes?... if it is before taxes.. my in hand would be just 7k after taxes... can someone please clarify if apple will take care of the taxes for lumpsum and give the 10k as lumpsum? #relocation #apple #applebonus #applecareer #h1b #greencard #austin #tech #software #sirva
In offer letter they didn’t mentioned any amount it’s the first month salary.
have you talked to your sirva agent yet? i thought it’d be 10k but apparently there’s a 3k limit
It’s one month worth of salary but capped at 10k
my against said it was capped at 3 :(
Both After-tax
So I will be getting 10k + 3k? Cash?
Yes
Yes after tax!
After tax, since it is taxable they will do your taxes for this year
Someone has to pay taxes on that 10k income, irs doesn’t care who will pay, so to figure how much they’d have to pay they will do your taxes
Wait what, how are they separating the amount owed on that vs everything else you may owe?
My sirva associate said the relocation $$ are trued up - after tax
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What does it say in your offer letter?