Damn the IRS

Doggiedog · Dec 23, 2003

42% tax on my bonus!

Unbelievable!

kranky · Dec 23, 2003

That's not the tax, just the withholding. If your actual taxes are lower, you'll get a refund.

Doggiedog · Dec 23, 2003

Ok, well not just the IRS but also state and local taxes too.

EagleKeeper · Dec 23, 2003

Originally posted by: Doggiedog
Ok, well not just the IRS but also state and local taxes too.

Get your job to move to where there are no state/local taxes

TheAudit · Dec 23, 2003

That's the way bonuses are always taxed, get used to it if you continue to get bonuses.

GRIFFIN1 · Dec 23, 2003

Don't be so greedy! People on welfare need a bonus too.

StageLeft · Dec 23, 2003

I got 0% on my bonus, because my bonus was $0.

poopaskoopa · Dec 23, 2003

Originally posted by: Skoorb
I got 0% on my bonus, because my bonus was $0.

CPA · Dec 23, 2003

Bonuses, stock options and some other earnings get FIT taxed at 25%. Hey, look at this way, until the Bush tax cut, it was 28%.

midwestfisherman · Dec 23, 2003

Be happy you get a bonus, ya greedy b@$^@#* 😉

J/K

It does suck to have so much of it taken for taxes.