Originally Posted by
Brazilian
I dont know what tax bracket you are in, but the truth is the IRS will withhold 25% of your bonus, but that is just withholding. You will get most of that back when you file your taxes (for most single income pilots). Endeavor's bonus is higher but their base pay is lower so its a 1900 or Metro pilot will make more here.
25% federal + state + social security + medicare = 30-40% (depending on your state income tax rate and the number of dependents you have)[/QUOTE]
Agreed. You'll probably see slightly more than half of it in your initial paycheck, but again, you will see much of the federal taxes back once you file.