I have a job offer for a salary significantly lower than I make now. However the "Out of Town Living Expense" (OTL) they pay me will make my income much higher. They said they do this because it helps me and them. Not sure how, but from what they said the OTL is 100% tax deductible for a couple years meaning I would see 100% of this payment. But after a set time it will undergo a certain percent tax, and I will be reimbursed the difference at that time. Sounds confusing and kind of shady. I'd like to uderstand this prior to signing on board. Is it true the OTL payment will not show up on my W2 and I will see 100% of this payment?
