Tax on Signing Bonus

mcknz Posts: 1, Reputation: 1

New Member

Oct 16, 2007, 02:44 PM

Tax on Signing Bonus

How much tax is typically taken on a signing bonus?

AtlantaTaxExpert Posts: 21,836, Reputation: 846

Senior Tax Expert

Oct 17, 2007, 08:07 AM

Typically, 30% is withheld on any lump sum payment in excess of $1,000.

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