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Old 08-15-2017 | 06:39 PM
  #15175  
brettj72
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Originally Posted by SirLurksalot
A thought for those more knowledgeable than I am, given the difference in how egregiously the bonus we currently have in place is taxed vs actual hourly pay, would the proposed 83 hr credit rate to break even really be that big of a difference for someone who credits 75 consistently now with the bonus scheme in place?
The bonuses are taxed at the same rate as any other pay. The only difference is the withholding is higher. They take more out of your paycheck but you get it back when you file your taxes if you paid too much. At the end of the year you end up with the same amount of money.
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