FlyerTalk Forums - View Single Post - Refunding an overpayment to my employer
View Single Post
Old Sep 16, 2013 | 4:10 pm
  #15  
Alcibiades
 
Join Date: Feb 2003
Location: Khyber Pakhtunkhwa
Posts: 1,949
Originally Posted by TheChallenge
General counsel also felt I'd likely have to pay income tax on the extra $1,500 whether I gave it back or not
Yep, OP will be paying federal and state income taxes on the $6000 even if he gives it back
Alcibiades is offline