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Why are bonuses taxed so high?

That sounds really high. It should be around 25% from the federal level I think, plus state, ss & medicare. I'm guessing your employer may have withheld more than they

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Old 03-15-2013, 08:46 AM   #3 (permalink)
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That sounds really high. It should be around 25% from the federal level I think, plus state, ss & medicare. I'm guessing your employer may have withheld more than they needed to. You may be able to get some of it back assuming a portion didn't go to a 401k or something. I don't know a whole lot about this topic to be honest.
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