Old 03-15-2015 | 07:27 AM
  #402  
sailingfun
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Joined: Feb 2008
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Originally Posted by 742Dash
The confusion seems to come from how the IRS and employers treat "supplemental income". It all works out at the end of the year, but the withholding on the individual paycheck can get high, especially for those normally in the lower tax brackets. And since much of America lives paycheck to paycheck....
Bonuses are withheld at 25% and taxed as ordinary income when you file your return.
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