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I hate my f***** life
Hi blind I recently accepted an off at eBay and I was curious to know if my sign on bonus will be taxed? If any of you work for eBay and have experience with their sign on please share your story! Old TC 95k New TC 130k YOE 4
Typically sign on bonus’s are taxed at 50 percent . This would apply to any company not just EBay.
I think it will be taxed, and if it's in CA it will be around 40%
It will have taxes *withheld* at the supplemental income rate, but when you file your taxes, it will be *taxed* in the same bucket as your other income.
They are taxed at 40-44% depending on the amount and state.
Lol I’d be so pissed if I wasn’t in tech and had to watch people like this make 6 figures
The crazy thing is you don't have to watch.. you can actually mind your business as well :) and thank god you are in tech because you could never be on my level 😘
Hahaha bro ! You nailed it.
No taxes on bonus. If you get bonus, then you don’t even pay taxes on your total compensation. That’s one good thing about US taxes.
Any money you earn. Even given as a gift to you. You have to declare it and get taxed
Congratulations… how much was the sign on bonus?
Thank you ! It was 40k
Bro coming straight from India ?
No I'm from Brooklyn actually and I work in America in Finance :)
Nope! The US government closes their eyes. As a little present
Edit: lol OP deleted his comment.