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Old 01-14-2020 | 07:19 AM
  #206  
sailingfun
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Joined: Feb 2008
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Originally Posted by waldo135
I think the IRS views PS as a ‘bonus’, which is why it is taxed at a flat rate for everyone, regardless of withholdings.
Profit sharing is withheld as a onetime payment. It’s taxed as ordinary income.
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