Quote:
Originally Posted by Zaggeron
It's easy to see why people would get around 60% back. Say you get paid twice a month -- 24 times a year and you get a year-end bonus of $7500. $7500 x 24 = 180,000. So your bonus may have taxes withheld as if you were making 180,000 a year. The bracket for that in 2012 was 33%. Add social security and medicare and you are pretty damn near 40%.
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Oh is that how it works? Interesting...I guess that makes sense. So I guess I should just expect to get that back in my tax refund.
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2009 Nismo
Fast Intentions non-resonated catback - ARK high flow cats - Stillen G3 - Motordyne M370 - GTM 25 row oil cooler - Uprev tune - 315whp/262wtq
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