Taxes on Bonus

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May 7, 2007, 02:27 PM

jessejames

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Join Date: May 2007

Posts: 1

Taxes on Bonus

If I have no dependents, How much will I pay in taxes if I have a $7100 dollar bonus, and how much will I get after taxes are taken out? I live in Oklahoma. Thanks

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May 8, 2007, 08:45 AM	#2

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 10,043	The withholding on the bonus should be 30%. What your ACTUAL tax rate is depends on yor overall income.

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