ciaobru
Nov 25, 2008, 09:03 PM
What is the percentage that the IRS tax on a end of the year company bonus?
MukatA
Nov 26, 2008, 12:01 AM
The bonus is taxed as your ordinary income, there is no special tax rate for bonus.
AtlantaTaxExpert
Nov 26, 2008, 07:44 AM
However, the withholding rate will be either 25% or 30%, depending on the size of the bonus.