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Old 09-14-2020 | 05:15 PM
  #964  
DarkSideMoon
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Joined: Sep 2016
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Originally Posted by MesaPilot
Yeah it won’t differentiate pay, but bonuses are taxed at a flat rate which is usually a higher tax bracket than most people are in. That’s my point. And this money back will most likely be coded as a bonus and taxed as such
Bonuses aren’t taxed any differently. They may be initially withheld at a higher rate. This myth needs to die.
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