Why Your Bonus Check Is Taxed So High

  • BGSS & Co
  • Why Your Bonus Check Is Taxed So High
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  • News
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  • January 8, 2015
Do you wonder why your bonus check was a lot lower than you expected? It comes down to what’s called “supplemental income.” Although your earned dollars are equal at tax time, when bonuses are issued, they’re considered supplemental income by the IRS and held to a higher withholding rate.

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