Originally Posted by
legend
If by some reason they keep the bonus but divide it by 24 as someone said previously, will it be taxed the same as it is now.?
That being said, I would prefer the hourly equivalent .
At the time of payment, no it would be taxed as salary not a bonus... when you file your taxes it will still be part of total income, but perhaps since less would likely be withheld, less would be refunded. Ultimately it doesn't matter.... You gift the same amount to Washington every year either way.