Moving to Cincinnati from the UK Help with Tax
Mar 20th 2017, 10:12 pm
#1
Just Joined
Thread Starter
Joined: Mar 2017
Posts: 1
Moving to Cincinnati from the UK Help with Tax
Hello,
Really need some advice. I have been asked to move to the US on an ex pat contract. The package is good with my employer offering a number of benefits. Although they will deduct my local, state and city taxes, I will need to pay tax on the following perks:
Company car
Housing benefit: 24,000 per year
International medical insurance for my family
I am concerned that when I file my return, I will be stung will a large tax bill for the above items. Before I take the position, I am trying to find out if the extra tax will wipe out the extra money I am receiving for taking the position.
Can anyone advice on US taxes??
Really need some advice. I have been asked to move to the US on an ex pat contract. The package is good with my employer offering a number of benefits. Although they will deduct my local, state and city taxes, I will need to pay tax on the following perks:
Company car
Housing benefit: 24,000 per year
International medical insurance for my family
I am concerned that when I file my return, I will be stung will a large tax bill for the above items. Before I take the position, I am trying to find out if the extra tax will wipe out the extra money I am receiving for taking the position.
Can anyone advice on US taxes??
Mar 21st 2017, 4:33 pm
#2
BE Enthusiast
Joined: Nov 2012
Posts: 902
Re: Moving to Cincinnati from the UK Help with Tax
Are you tax protected on these? Any Federal and State withholding will feature automatically in your W-2.
