When employee bonuses are paid, are they taxed at a higher rate?
A ams63 Joined Sep 12, 2016 Messages 3 Reaction score 0 Country Sep 28, 2016 #1 When employee bonuses are paid, are they taxed at a higher rate?
DTA93433 VIP Member Joined Jun 14, 2016 Messages 113 Reaction score 10 Country Sep 29, 2016 #2 No. Bonuses are taxed the same as wages. Its considered "ordinary" income and is taxed as such.