How much are bonuses usually taxed?

[antknee]

My boss just told me I'm gettin a random $1600 bonus in tomorrow's paycheck :rubhands ....somethin tells me I'll be gettin half that in takehome though.

[~Jenny~]

when i get 1000, i usually bring home 675.

[gp1]

i think bonuses for people in nyc are taxed at 40-50%.

[MiAmore]

too much :grumble

[admin]

My boss just told me I'm gettin a random $1600 bonus in tomorrow's paycheck :rubhands ....somethin tells me I'll be gettin half that in takehome though.


out of 1600 you'll get to keep around $900.00 give or take $50.00, like gp1 said 40-50%

[PeANuT]

Damnnnn.

Yeah I got a 2500 hiring bonus recently and I only saw 1800 of it. :grumble

[J. Martin]

generall, bonuses are taxed around 50%.

[TheHipHopBillGates]

Damnnnn.

Yeah I got a 2500 hiring bonus recently and I only saw 1800 of it. :grumble

I thought signing bonuses aren't taxed?

[PhuckU]

I thought signing bonuses aren't taxed?

He said hiring

[kimberly]

depends upon ur withholdings and residence.

usually, fed & state tax are withheld, as well as dbl. but, not allll the usual payroll taxes are withheld, so it's a slightly better taxation rate than ur weekly check. ;)

[LiquidSkyPA]

They'll also take out 401(K) if you have that, on it too if it's in your paycheck

[Gspot555]

My boss just told me I'm gettin a random $1600 bonus in tomorrow's paycheck :rubhands ....somethin tells me I'll be gettin half that in takehome though.



Go to payroll and claim like 9 or 10 for that particular paycheck...then go back and change it after....

[J. Martin]

401K is the best idea ever :) especially for people like me hwo wouldn't sav squat, otherwise, lol

[PeANuT]

He said hiring

I am a GIRL. :heythere

Anyways, yeah, hiring....
like when I bring someone else into the company thats what I get. ;)

[italianchris11]

Anytime Ive gotten a bonus, it hasnt been taxed

[SuNsHiNeS]

Anytime Ive gotten a bonus, it hasnt been taxed


lucky you!

[TheHipHopBillGates]

He said hiring

hiring/signing same thing.

[BULLET PROOF]

i didn't bother reading most of the replies but to make it simple, basically cut it in half.
you'll get a lilttle less taken out but thats bll park enough.

i get very large bonuses at work and to see them cut in half kills me.

[PeANuT]

hiring/signing same thing.

But I am STILL a girl! :tantrum

[Bass]

Bonuses aren't taxed at a higher rate than normal income, they are treated exactly like normal income. There is no special bonus tax. BUT, taxes are withheld on bonuses at a higher rate usually because the amount is annualized i.e., in the eyes of the IRS what you got in your bonus check is what you receive on a monthly/weekly basis, so employers are required to withhold taxes at a higher rate than your normal paycheck. You should get most of that back when you file your tax return.