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What is the tax in Massachusetts on a sign on bonus for work
sassylil
Feb 6, 2007, 10:02 AM
What is the tax in Massachusetts on a sign on bonus taken out by an employer
AtlantaTaxExpert
Feb 7, 2007, 10:23 AM
I do not know what the MA tax will be. Probably withheld at the HIGHEST tax rate, which is around 11%.
For federal taxes, the standard withholding for income taxes is 30%.