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Started By
Message
re: Withholding question
Posted on 2/28/24 at 7:32 am to meansonny
Posted on 2/28/24 at 7:32 am to meansonny
quote:
Bonuses, commissions, etc.. are always taxed 25% on payroll.
It depends on how the commission is paid within your monthly checks. I’ve dealt with the exact problem in my line of work. I used to use the IRS excel spreadsheet to dial in my withholding.
1
Posted on 2/28/24 at 7:40 am to slackster
quote:
It depends on how the commission is paid within your monthly checks
I've been paid both ways and it gets withheld the same either way.
I recognize that it is 1 company and 1 paycheck (very anecdotal). But it is a fortune 100, and I presume that they are following standard IRS procedures.
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