Re:I took a job at Amazon, only to leave after 10 months
by delecti on Wednesday January 05, 2022 @02:35PM
(#29813776)
You have to pay them back pro rated. If you leave after 10 months you'd only have to pay back 2/12 of the bonus. At least that was the case when I started at Amazon (admittedly almost a decade ago).
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Re:I took a job at Amazon, only to leave after 10 months
by pcthrowaway on Wednesday January 05, 2022 @02:48PM
(#29813962)
If you get a signing bonus that you pay taxes on, then have to return part of it the following year, do you get to deduct it from taxes?
Re:I took a job at Amazon, only to leave after 10 months
by junar on Wednesday January 05, 2022 @03:49PM
(#29814717)
Yes, as long as the amount you repaid exceeds $3,000.
https://www.irs.gov/publications/p525#en_US_2020_publink1000...
Re:I took a job at Amazon, only to leave after 10 months
by delecti on Wednesday January 05, 2022 @02:54PM
(#29814046)
I stayed over 5 years, so I never had to repay any bonus. I can't be sure what the tax implications would be of it, but based on what I know about taxes (more than most, less than an expert) I suspect it would count against your taxable income in the year when you had to pay it back.