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Old 05-17-2017 | 02:15 PM
  #36  
WhiskeyDelta
Gets Weekends Off
 
Joined: Mar 2016
Posts: 1,906
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From: Here and there
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Our profit sharing at Delta is withheld at the Federal rate of 25% and then it's taxed at whatever rate you qualify for when you file your return for that year. So if you end up in a bracket that has a higher rate than 25% then you end up owing more. If less, you get some of that 25% back.

This debate has occurred in depth over in the Endeavor sub-forum and then general consensus is that these type of bonuses are treated the same way. I'd be surprised if ZW treats them differently.

Talk about first-world problems. In the end it's a great problem to have to deal with!