Originally Posted by
tennisguru
This is completely wrong. Any bonus is withheld at some high rate (it's not 50%, I believe it's 25% federal + whatever your state levies), but at the end of the year it is factored into your overall income and actually taxed at whatever your actual tax rate is. Thus for most people they won't see the full amount of the bonus until they get their refund for that tax year, but you will see the right amount of money in the end.
Valid point. I stand corrected. I was just being conservative... I just remember at RAH I only saw half of my bonus check... Not to mention if you get a bonus on year 3, you'd have to wait until year 4 to get the taxes back from it. Idk, I just hate trying to get my money back from the IRS... ;-)