Ask Me Help Desk
>
Business & Careers
>
Payroll
> Taxation of Overtime on Bonus'
PDA
View Full Version :
Taxation of Overtime on Bonus'
Sfink
Jul 1, 2009, 09:11 AM
Is the overtime on a bonus check taxed at the supplemental rate for federal and state tax or is it taxed at your normal withholding rate?
Wildsporty
Jul 21, 2009, 10:00 AM
Taxation on a bonus check is taxed at the supplemental tax rate.
It is 25% for federal, 7.65% for fica/medicare and Whatever your state tax supplemental rate might be.
Shirley