Thread: Why are bonuses taxed so high?
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Old 03-15-2013, 10:02 AM   #8 (permalink)
Spikuh
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Originally Posted by Zaggeron View Post
Note guys that what is withheld is different than what you have to pay in taxes. If extra withholding is taken from your bonus, you'll get the extra back in your tax return -- your bonus itself is just regular income that gets added to your salary. You owe taxes on your total income not one set of taxes on your salary and another different rate on your bonus ...
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