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[quote=Anonymous]This article explains a lot of what the pp’s stated above. If your employer treats it as supplemental income, withholding is 22% (unless it’s over $1 million in which case the withholding is 37%). If your employer treats it as an addition to your regular paycheck, it is at your current withholding rates (although if large enough, it could bump up your rate). If added to your paycheck, social security and Medicare are also withheld. https://www.kiplinger.com/taxes/how-a-bonus-is-taxed[/quote]
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