But it helps to know how much of that bonus goes to Uncle Sam before you start planning all the ways you’re going to spend your extra money.

Here’s a break down of exactly exactly how bonuses are taxed.

Supplemental wages

The IRS considers bonuses become “supplemental wages. ” a wage that is supplemental money compensated to a member of staff that isn’t element of their regular wages, based on the IRS.

As a whole, bonuses of any sort, including signing bonuses and severance pay, squeeze into the supplemental wages category. Přečtěte si více o oAs a member of staff, you will find few advantages that may place a grin in your face since clearly as an added bonus from your own manager …