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re: I got taxed 41% on my latest bonus.

Posted on 3/24/15 at 5:35 pm to
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 3/24/15 at 5:35 pm to
He will get some of it back, but the effective rate he was taxed on all year was too low because the bonus was not anticipated

So the 41% will have to make up for all the under withholding all year

He will still get a good portion back though
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