Originally Posted by
Celeste
Kind of off topic... What's the difference in taxes between loan reimbursement and a signing bonus?
A lot of bonus money is taxed at 40-50%... if loan reimbursement is tax free or a lower tax rate, that would be huge... besides, the quicker payout to avoid accruing interest.
Back on topic: I would avoid gojet and mesa. They are really bottom of the barrel. TSA and Envoy I would say are the places you should consider. I've been at TSA for 15 months, I like it overall. If you live in one of our bases, want to build time fast, not sit reserve for long, make 'good' money (since IOE I've never credited less than 100 hours/month), then this is a good place to be. I just hit my 1000 121 and put in my upgrade bid... hoping to be in upgrade class this summer... we'll see!
There is a huge difference between what they WITHELD and what you are taxed come tax time. For TAX purposes, a bonus is treated like any other income. It is however WITHELD at the time of payout at a higher rate (25% federal). You get the difference back when you file