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    elal's Avatar
    elal Posts: 3, Reputation: 1
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    #1

    Mar 8, 2010, 01:27 PM
    Sick days taxed as bonus
    Company pays you for non use of certain amount of sick days
    Can these sick days be taxed as bonus
    elal's Avatar
    elal Posts: 3, Reputation: 1
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    #2

    Mar 8, 2010, 01:28 PM
    Sick days taxed as bonus
    Can end of year sick days be taxed as BONUS
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #3

    Mar 8, 2010, 01:52 PM

    Is this a separate payment from your regular paycheck? If so, then it seems logical - how else would you do it? I would expect that deductions would be taken for federal and state/local taxes, FICA, and employee contribution to 401(k) if applicable. But not deductions for things taken out of regular pay on a monthly basis, such as medical, dental, life insurance.
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    ebaines Posts: 12,131, Reputation: 1307
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    #4

    Mar 8, 2010, 01:56 PM

    Duplicate question - see: https://www.askmehelpdesk.com/taxes/...us-455826.html
    elal's Avatar
    elal Posts: 3, Reputation: 1
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    #5

    Mar 8, 2010, 02:02 PM
    Taxes on Sick Days
    We receive a separate check at the end of the year for unused sick days

    Can the company consider this check as a BONUS and withhold more % of taxes or is this check to be taxed based on regular monthly taxes

    Checks received net was at least 1/2 of the Gross

    Company is in NYC
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    ebaines Posts: 12,131, Reputation: 1307
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    #6

    Mar 8, 2010, 02:39 PM

    Typically bonuses have tax withheld at 25% for federal tax purposes. Is that what they did? If you're concerened that too much is being withheld, just remember that you'll get a bigger refund once you file your tax return.
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