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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
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03-15-2013, 08:54 AM
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#6 (permalink) |
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A True Z Fanatic
 
Join Date: Jan 2010
Location: Austin, TX
Posts: 1,951
Drives: '10 370ZR '13 BRZ
Rep Power: 19  |
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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2010 Platinum Graphite 370z Roadster:Touring/Sport 2013 Subaru BRZ Limited |
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