Originally Posted by HighFlight

It’s unlikely that your income taxes went up overall. You are likely seeing a bigger amount of taxes monthly than you are used to, but it will likely be lower than the 25% taken out of the bonus (unless you are in the 25% bracket already).

At the end of the year, unless you are in a 25% or higher tax bracket, your federal taxes should be lower than last year.

And the smart money has you either breaking even at tax time, or preferably owing the gubmint a little bit of money.