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Relocation offer

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Old Jul 4th 2013 | 5:51 pm
  #16  
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Default Re: Relocation offer

Originally Posted by sergeyvo
Either you pay taxes from this amount, or your employer makes a tax adjustment providing it as a net income to you.
Use this: http://www.paycheckcity.com/calculator/salary/

- enter your prospective salary income till the end of this year, check the net amount; then add those 20k to the gross number and check net amount again. The difference between two net's is the raw value that you pay from your relocation.

In most of cases it's cheaper to buy new goods here than to drag old across the ocean.
That won't necessarily tell much since we don't know if he will be filing as a "Non Resident Alien" or 'Resident Alien". There are vast differences between the two. That would work fairly well for someone moving between states since their filing status always remains as a resident.
 
Old Jul 7th 2013 | 8:27 am
  #17  
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Default Re: Relocation offer

A couple of folk have mentioned state (and city) taxes...don't worry about those moving to Texas...we are one of the states that don't have them.
 

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