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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Don't forget that all the monies paid are going to show up as salary or bonus and if it is not part of the deal. You will take the tax hit.[/quote] OP here - dh company says they will gross up any taxable benefit. We got some further details...they won't pay for a loss on sale but since we bought our current home in 2002 it shouldn't be an issue. All sales and buy-in closing costs, up to 2 points on a new loan, and all move costs. And one month base salary for incidentals. Seems like a great package.[/quote] Make sure you double check that gross up in Turbo tax. We got relocated for a three year stint and had to rent out our old house. Between losing the mortgage deduction and the taxable benefit kicking us into AMT territory, the gross up barely covered half our actual tax increase.[/quote]
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