Do You Have To Pay Back SRB?
Do I have to pay back my reenlistment 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.
Enlistment and Reenlistment Bonus Guide - The Military Wallet
How does bonus recoupment work?
A member, who enters into a written agreement with specified service conditions for receipt of a bonus, special pay, educational benefits or stipend, is entitled to the full amount of the pay or benefit if the member fulfills the conditions for that pay or benefit.
Recoupment - Military Compensation
Re-enlistment bonuses are taxed like regular income and are typically added in with your regular wages and reported on the same W-2. You will also have taxes automatically withheld from your bonus, generally at the 25% or 28% rate. This is automatically done by the government, and not something you can change.
How do I report an military re-enlistement bonus?
The Selective Retention Bonus, or SRB, program is a monetary incentive paid to active-duty Airmen and Guardians serving in certain selected military skills who reenlist for additional obligated service.
Retention - Air Force Personnel Center