Why did I get taxed so much on my bonus?
Channel: EA Tax Resolutions
Date: 2022-08-08

Why did I get taxed so much on my bonus?

Well, it’s because the way the IRS requires withholding on bonus. It does not have to do the way that bonuses are taxed, as they are taxed the same as your wages. 

00:00 How bonus gets taxed
02:36 How to fix the bonus withholding issue

EA Tax Resolutions Website: https://eataxresolutions.com/?utm_source=Youtube&utm_medium=Video&utm_campaign=Why+did+I+get+taxed+so+much+on+my+bonus%3F

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

#Tax #Bonus #Withholding