So I heard that the loan repayment is taxed and that at the end of each year I am going to end up paying a few thousand in taxes since it will push me into a much higher tax bracket. I wanted to get some first-hand info before I approach my recruiter about it. Any info would be helpful!!
Also, just curious about the aplication: do they actually call all the people they have you list on that questionnaire. I think I have to like like 30 people.
Thanks for all of your help!
May 7, '09
Yes, the repayment is taxable. You might want to adjust your W-4 for the years that you are recieving this.