Thread: Back to Bonuses
View Single Post
Old 06-13-2022 | 06:16 AM
  #7  
TXMike
Gets Weekends Off
 
Joined: Feb 2022
Posts: 71
Likes: 0
From: B737 Line FO
Default

Originally Posted by JustAsking
Yeah but less than a year ago they were handing out furloughs. Cash in hand now always beats they chance of having to pay it back. if I'm not here and do have to pay it back, I'll be at a better place and the loss to ss/mc will be a nuisance not a major burden.
^^^^. This right here.

Also talk to a CPA about filing an amended return or other strategy to effectively get credit for the previous taxes paid. There may be a way to negate the effect.

Bottom line is INVEST the bonuses don’t spend them.
Reply