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Reply to "Company taking sooooo long to decide on transfer..."
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[quote=Anonymous]Some advice... If it comes through and it's a "full relo" keep in mind that the value of the true up will hit your W2. That could be a lot. For us it was $100k. My firm did a tax true up but it was based only on my salary tax band not on my wife's and mine combined or on the prior years tax rate. That meant we fell short a few percentage points and ate maybe $8,000 in taxes between state and federal. The company policy said as much, but they also chose to pick my tax rate from the married filing jointly tables which were lower. I was a bit of a hard ass about it and got the true up increased but it was a six month argument with HR. Just keep it in mind. It was the first "executive" style relo package I'd been offered, so it was all new to me. [/quote]
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