tiger_sathi Posted December 4, 2013 Report Posted December 4, 2013 okati ardham kale... bonus kuda tax cut avuthundhi.. alantappudu endhuku bonus... regular pay check lo run cheyochu kada..
Silent_Boy Posted December 4, 2013 Report Posted December 4, 2013 What ever (taxable money), when ever (any time of the year) money u get paid... what ever taxes have been..... At the end, The amounts will be totalled and Taxes gets re calculated . Result could be IRS pays refund OR you pay IRS. The result depends on how u setup ur W2 deductions to start with. i agree with you if it is regular monthly pay... but the bonus is totally different tax bracket and taxes will be higher then regular pay taxes
nokia123 Posted December 4, 2013 Report Posted December 4, 2013 babu balraj......tax % on bonus is independant of your normal income...it is 40% irrespective of your annual income $10 vacchina $10K vacchina flat gaa 40% thesesi isthadhu bonus ani ante...
starocky Posted December 5, 2013 Report Posted December 5, 2013 babu balraj......tax % on bonus is independant of your normal income...it is 40% irrespective of your annual income $10 vacchina $10K vacchina flat gaa 40% thesesi isthadhu bonus ani ante... Not correct...usually companies with hold 40% on ur bonus to make sure they don't deduct less at source, but at the end of the year bonus is also included in ur w2income and u will get back the extra tax u paid in returns
Silent_Boy Posted December 5, 2013 Report Posted December 5, 2013 Not correct...usually companies with hold 40% on ur bonus to make sure they don't deduct less at source, but at the end of the year bonus is also included in ur w2income and u will get back the extra tax u paid in returns sHa_clap4 S%Hi
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