Old 04-16-2017, 09:37 AM
  #1  
Aviationluver
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Joined APC: Dec 2015
Posts: 120
Default ? for someone w/ an accounting background

Hello,

I have a question in regards to bonus repayment to a company.

Ex:

Upon hire, I was paid a $10,000 bonus for my first year. However, the bonus was paid to me with 40% taxes withdrawn. In other words, I was paid $6,000.

I worked for 4 months. So, 1/3 of a year. My employer wants the bonus paid back, pro- rated, which I intend to do. However, the bonus they want returned is 2/3 of the original $10,000, Not 2/3 of the $6,000 they paid me. They said that the company pays taxes, so, the tax money that they withdrew from my bonus doesn't count or something to that effect.

Is this correct or am I being taken for a ride?

Thanks.
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