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re: bonuses and taxes
Posted on 3/13/15 at 8:29 am to finfeathersport
Posted on 3/13/15 at 8:29 am to finfeathersport
At the end of the year it is taxed like any other income. When you are paid your bonus it is typical to withhold tax at your highest tax bracket since it is in addition to your normal income.
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