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To: Deb

A bonus isn’t considered income.


I’m glad you’re not my tax preparer. LOL


15 posted on 03/24/2009 11:22:24 AM PDT by freedomlover (Make sure you're in love - before you move in the heavy stuff)
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To: freedomlover

If the recipients give back the bonus, the employer (AIG) will need to amend the filings on the 941 payroll tax qrtly federal return. This move negates the bonus and the employee has no liability. not an unusual event to adjust payrolls in a large company.


32 posted on 03/24/2009 11:29:04 AM PDT by JHENN22499
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