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Old 03-19-2017 | 01:55 PM
  #43  
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Turbosina
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Joined: Aug 2015
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From: Guppy Gear Slinger
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Originally Posted by veewan
Plus bonuses are deceptive. I'm pretty sure it's a 25% tax. So take 3/4 of what they are saying you'll get, and that's the actual sum.
That's not how it works. Yes, bonuses have tax initially withheld at a higher rate than most regional pilots' marginal tax brackets, but when you file your 1040, bonuses are treated no differently than regular income.
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