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
Your point is wrong. At the end of the year taxes are on total pay. If you were over taxed on the withholding you get it back. I just filled mine a couple of months ago. The gross adjusted income, including bonus, was all that determined the tax rate. A couple hundred dollars won’t likely throw you into a different bracket like a 30k bonus.