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Aren’t bonuses are taxed at a much higher rate compared to salary?
by chaostheory 9y ago
Aren’t bonuses are taxed at a much higher rate compared to salary?
- razwall 9y agoNo, bonuses are taxed at the same rate as salary. The withholding calculations are different, so you tend to have a bigger chunk taken out of your bonus check. But if that chunk is greater than your actual tax rate, you'll get the difference back in your tax refund.