Thread: Compass updates
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Old 12-01-2015 | 08:56 AM
  #8747  
BobJenkins
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No, I understand the terms well enough. But when I was replying to you before, I was thinking about my last bonus, which was paid at a flat rate, therefore it is paid separately from regular pay, and not subject to the Federal weekly/biweekly/monthly tables. Now I see you were talking about a bonus being taxed as regular wages, which will cause taxes for a pay period to jump. Sorry for the confusion.

Originally Posted by waflyboy
I think you are equating "withholding table" with "tax bracket" and "withholding" with "tax liability." These terms are not interchangeable and I was deliberate about the terms I used in my reply.