Got My Relocation Package Today - Eeeek
#31
Lost in BE Cyberspace
Joined: Jan 2006
Location: San Francisco
Posts: 12,865
Re: Got My Relocation Package Today - Eeeek
Not really. If they give you cash, anything that's not deductible as a qualified moving expense ends up getting taxed. If they pay for services, anything that's not a qualified moving expense has to be reported as income. Usually, this ends up a wash, but the latter could be beneficial in that it reduces one's adjustable gross income, which may affect things like IRA contribution eligibility and deduction phase-out etc.
#32
Just Joined
Thread Starter
Joined: May 2012
Posts: 29
Re: Got My Relocation Package Today - Eeeek
I verbally accepted the offer. Just want to see it all in writing now. Getting closer!!
#33
Re: Got My Relocation Package Today - Eeeek
Much better than what I am getting.... which is sod all!!
#35
Just Joined
Thread Starter
Joined: May 2012
Posts: 29
Re: Got My Relocation Package Today - Eeeek
Things have changed just slightly. We have an office in White Plains so I have the choice to live in New York rather than Jersey. I may well now look at not taking the train to Manhattan every day but get a car into White Plains.
Give me many more options.
Any tips of some nice towns?
Give me many more options.
Any tips of some nice towns?
#36
Re: Got My Relocation Package Today - Eeeek
Reverse commute from Manhattan? Upper East Side?
Are you looking to stick to public transport?
Tarrytown and Hastings-on-Hudson are nice. And I have a friend who is very happy in Mount Vernon
Are you looking to stick to public transport?
Tarrytown and Hastings-on-Hudson are nice. And I have a friend who is very happy in Mount Vernon
#37
Just Joined
Thread Starter
Joined: May 2012
Posts: 29
Re: Got My Relocation Package Today - Eeeek
No I don't want City life. I want to be in the country , so Sleepy Hollow, Mount Kisco, Ossinge type if thing
#38
Re: Got My Relocation Package Today - Eeeek
Wow, when I was offered a job in the US all I got was an H1B and a start date. I paid for my own flight and arrived with 2 suitcases and $3000 in travellers checks which was all the money I had.