View Single Post
Old 03-15-2013, 08:54 AM   #6 (permalink)
Zaggeron
A True Z Fanatic
 
Zaggeron's Avatar
 
Join Date: Jan 2010
Location: Austin, TX
Posts: 1,951
Drives: '10 370ZR '13 BRZ
Rep Power: 18
Zaggeron is a jewel in the roughZaggeron is a jewel in the roughZaggeron is a jewel in the rough
Default

Note guys that what is withheld is different than what you have to pay in taxes. If extra withholding is taken from your bonus, you'll get the extra back in your tax return -- your bonus itself is just regular income that gets added to your salary. You owe taxes on your total income not one set of taxes on your salary and another different rate on your bonus ...
__________________
2010 Platinum Graphite 370z Roadster:Touring/Sport
2013 Subaru BRZ Limited
Zaggeron is offline   Reply With Quote