Regional sign on bonuses
#21
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,273
You're right, I just looked it up. It's not 40%, it's 25% or more depending on the method executed by the employer.
https://blog.turbotax.intuit.com/inc...-the-irs-8003/
Either way, it's not life changing money. Certainly it's not enough to attract a career changer that's making over six figures.
https://blog.turbotax.intuit.com/inc...-the-irs-8003/
Either way, it's not life changing money. Certainly it's not enough to attract a career changer that's making over six figures.
#22
Gets Weekends Off
Joined APC: Sep 2016
Posts: 1,948
Absolutely right. The number of pilots who buy all those old wives takes about taxes astounds me.
#23
Also, like to point out that some regionals (RAH) like to talk bonuses but then deduct the cost of things from your bonus (like flight training when they hire a pilot under the 1500t). Knew a few guys in class a while back that only got $20 for their sign on bonus after deductions and taxes.
#24
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