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Started By
Message
re: bonuses and taxes
Posted on 3/13/15 at 12:19 pm to Hawkeye95
Posted on 3/13/15 at 12:19 pm to Hawkeye95
quote:
did that work?
40% of my income is in bonuses and b.c of that I always get huge refunds. This year I am looking at close to 7k in refund and that is with a large chunk of investment income that wasn't taxed.
I imagine it would depend on the company and the payroll software they are using.
quote:quote:
I would prefer to not give the gov't a free loan.
Change your withholding's.
1
Posted on 3/13/15 at 2:25 pm to LSUAfro
quote:
Change your withholding's.
I will look into this, but I am pretty sure I am currently withholding as if I was married filed jointly with nothing extra taken out.
I actually did the math, and its closer to 50% of my income is in bonuses/options.
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