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Johns employer will pay him 1,000 to move to California from his current job location in State College. Since the $1,000 will be taxable to
Johns employer will pay him 1,000 to move to California from his current job location in State College. Since the $1,000 will be taxable to John, his employer has agreed to gross up his pay to completely cover all tax expense. John has a marginal tax rate of 28% for 2023. How much will Johns employer pay him relating to the move? a. $1,000 b. $1,280 c. $1,389 d. $1,720 e. $1,891
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