Relocation Assistance Lump Sum Payment Gross Up Question If a company offers relocation assistance as a lump sum payment and says that it will be grossed up, does that mean that if the amount were $3,000, then the employee would get a payment of $3,000 and not $3,000 minus taxes? From my research, that appears to be the case. It sounds as if the company makes a payment for more than $3,000, so that when it is taxed, the employee gets a check/deposit for the entire $3,000. Is this correct? |