💡 Do I Have To Pay Back My Enlistment Bonus? - Clever.net

Do I Have To Pay Back My Enlistment Bonus?

If you receive a bonus, you are on the hook for the term of your contract. You may owe a prorated refund to the government if you are unable to fulfill the terms of your contract. This will be based on the amount of money you have received and how much time remains on your contract.

Do military bonuses count as income?

Here's the key to the whole thing: bonuses are taxed like regular income. There are taxes withheld on bonuses like there are taxes withheld on regular pay.

Military Bonuses and Taxes

How do enlistment bonuses work?

Recruits who enlist for cash bonuses totaling more than $10,000 will receive their initial payment of $10,000 upon successful completion of initial entry training — basic training and job training. The remaining bonus amount will be paid in annual increments of up to $10,000 a year until the bonus is paid in full.

Army Enlistment and Re-Enlistment Bonuses - The Balance Careers

How much is the average enlistment bonus?

You can get anywhere from $2,000 to $9,000, with the higher numbers being available to people who ship out the fastest. There are even more Army bonuses depending on the Army career you go into. Your local Army Career Center or your Army recruiter can help you figure out what's best for you.

Does $50,000 Sound Good? Check Out the New Army Enlistment Bonus

What if the Army doesn't pay your bonus?

The initial payment of your Selective Re-enlistment Bonus (SRB) should take no longer than 30 days from the date of re-enlistment. If, after 30 days, you have not received your payment, you should contact your servicing finance officer, career planner, or admin or personnel office.

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