Bonuses can be a welcome bump in pay, but the difference between what your employer promises you and what you actually receive can be startling. That’s because your employer must withhold taxes from ...
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Bonus tax rate 2025: How bonuses are taxed
When you get a bonus — or other supplemental wages such as severance pay, commissions, etc. — your employer must withhold some of the money to send to the IRS for taxes. Your employer may withhold 22 ...
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