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Why is my bonus taxed at 40 %?

2 Answers

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Why Did My Bonus Check Get Taxed 40%? These bonuses, although supplemental to a person's regular income, are taxed like regular income. For people in higher tax brackets, this can mean that as much as 40 percent of a person's bonus will be withheld from the bonus check before it is issued.
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Are Bonus Payments Taxed



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