Quote:
Originally Posted by elmetal
Cue the lunatics who say "Bonuses get taxed higher!!!!!"
LOL
Be careful making assumptions.
The 22% federal withholding for bonus payments may be more or less than your standard withholding amount.
So yes, it all works out in the end for tax season, but a larger percentage of the check may be taken out than youre used to seeing, because of the 22% withholding for the bonus check.