I've heard as much as 50%, I'm starting a new job soon and I'm curious to know how much.
I didn't get relocation benefits due to IRS rules so my company added more money to an already sizable signing bonus, now I will be getting a fairly large check of 7500 dollars around July and I would like to know if any people in the same boat know how much I'm going to lose?
Some online calculators have said I'll have as high as 5k but I'm not that optimistic.
In case anybody is wondering my plan right now is to just sock it away into an emergency fund while I aggressively pay down debts. I feel fortunate to be in my position but I have a long road ahead to build a stable financial base.