Published Aug 17, 2013
gogosallyjojo
23 Posts
So i've been a LPN for 8 yrs with hospice and LTC experience. I signed up with a company to travel. here is their offer
4400.00 take home after taxes
they assist me with finding a place to live but the cost comes out of my check
going to Vermont, will drive from NC...$300 for travel
Does that seem like the norm? I know LPN travel jobs are few and far between and this is a renewable 13wk contract. Please advise me! Also how do u do your taxes. I'm single, no kids
NedRN
1 Article; 5,782 Posts
Is that per month. How does it compare to your staff pay?
My pay rate is 21.70 in NC. If I pay for my own housing, I know I can write that off. Does that mean I will get all the money back after I file my taxes?
yes, that is 4400.00 per month...sorry forgot to add
ArmstrongLPN
65 Posts
Hey gogosallyjojo
That sounds kinda similar to a offer I got today. Im gonna PM you.
Looks like the offer is significantly higher than your staff job. And it should be to make up for your loss of benefits.
Most likely the agency is providing a housing stipend in their offer. So no, you cannot write off housing unless you pay more than the stipend. In no case will you get all the money back after filing taxes. You are subject to a number of thresholds, including the big one just to itemize. Only amounts above those thresholds will get you money back, and not all of that either, just the percentage you would have otherwise paid in income taxes on that amount.
For example, if after all your thresholds you end up with $1,000 in deductions, you will get back perhaps $200, or whatever your marginal tax rate is. It is far better to work for an agency that provides housing or stipends, and per diems (or M&IE). You will come out ahead. Next best is to work 1099 status (independent contractor) but that is fairly rare and a bit of a hassle. Then expenses like housing and per diems will come out of taxable income "first dollar" without being subject to thresholds.
dimples_
2 Posts
What is the name of the agency?