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  • Oct 29, 2008, 10:56 AM
    KatyF
    Bonus Taxes
    How much are quarterly bonuses taxes?
  • Oct 29, 2008, 11:04 AM
    ebaines

    Taxes are typically withheld from bonuses at a flat 25% for federal income tax, plus social security (at 6.2%) and medicaire (1.45%), and state/local income tax as appropriate for where you live.
  • Oct 29, 2008, 12:31 PM
    AtlantaTaxExpert
    Actually, I thought the withholding level was 30%, but 25% plus FICA and state withholding sounds more appropriate.

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