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Old 02-12-2018, 07:32 AM
  #17  
Flying Ninja
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Joined APC: Jan 2006
Position: Flight Simulator X
Posts: 400
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Originally Posted by jacburn View Post
At some point this will not have to be explained anymore. Bonuses are not taxed at a higher rate. They do have a higher withholding, but you will get most of it back at the end of the year as long as you are not in the 40% tax bracket.
You're right, I just looked it up. It's not 40%, it's 25% or more depending on the method executed by the employer.

https://blog.turbotax.intuit.com/inc...-the-irs-8003/

Either way, it's not life changing money. Certainly it's not enough to attract a career changer that's making over six figures.
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