US tax rate isn’t different on bonuses, but the withholding is.
The govt sees you getting paid a shit ton one month and thinks it’s gonna be like that every month from now on so they keep a bunch of extra money so they can be sure you pay your taxes. Then at the end of tax season when you file, you get the extra back in your return.
US tax rate isn’t different on bonuses, but the withholding is.
The govt sees you getting paid a shit ton one month and thinks it’s gonna be like that every month from now on so they keep a bunch of extra money so they can be sure you pay your taxes. Then at the end of tax season when you file, you get the extra back in your return.