Are Income Taxes on a Bonus the Same Rate as a Regular Paycheck?

Problem scenario
You heard that income tax on a company's bonus are taxed at a higher rate. Is this true?

Answer
Yes. To calculate your approximate tax liability, you could use this website for informational purposes:

(You may want to talk to an accountant before relying on the statements here. This is not legal or tax advice.)

Leave a comment

Your email address will not be published.