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Started By
Message
re: Signing Bonuses
Posted on 3/14/16 at 12:37 pm to Tigerpaw123
Posted on 3/14/16 at 12:37 pm to Tigerpaw123
What?
It is income and taxed at the same rate as regular income.
It is income and taxed at the same rate as regular income.
2
Posted on 3/14/16 at 12:41 pm to TigerFred
quote:
It is income and taxed at the same rate as regular income.
that is exactly what i said
Posted on 3/14/16 at 12:45 pm to TigerFred
quote:If the person entering data on the payroll software has that bonus flagged as a 1x event.
income and taxed at the same rate as regular income.
Otherwise the software thinks that amount repeats every payroll and withholds using higher tax tables.
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