Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is my bonus being overtaxed or is this normal?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]This is OP. My bonus appears to have been taxed higher than my salary. I generally receive 57% of my paycheck in net and 43% goes to taxes.[/quote] Your bonus has not been tax. Money has been withheld. As your company does not want you to unexpectedly owe taxes and they have no way to know what your tax rate is, they withhold at a higher rate than normal. You control your withholding on your general salary, so they don't worry about it. You will know how much tax you owe when you calculate your taxes.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
