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-   -   Tax Rates on sign on bonus (https://www.askmehelpdesk.com/showthread.php?t=393207)

  • Sep 3, 2009, 01:55 PM
    Marinaisabell
    Tax Rates on sign on bonus
    I am getting a five thousand dollar sign on bonus from the company I work for. What rate will it be taxed at?
  • Sep 3, 2009, 01:59 PM
    Marinaisabell

    What rate will a sign on bonus be taxed
  • Sep 4, 2009, 05:12 AM
    MukatA

    How is your company going to treat it --- as salary income or as independent contractor income.
  • Sep 4, 2009, 05:43 AM
    AtlantaTaxExpert
    More than likely, a flat 30% will be withheld.

    The bonus is subject to both INCOME and FICA (Social Security and Medicare) taxes.

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