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rflores1959
Feb 13, 2008, 07:25 PM
Bonuses are taxed at a higher rate than normal pay. When I recieve my bonus do I have any options to avoid the higher tax rate?

MukatA
Feb 14, 2008, 10:30 AM
Bonus is taxed as your normal income but the employer is required to withhold taxes on bonus on higher rate. You don't have choice.