Former D 🐠- how does our PTO get paid out when we leave? Is it taxed at the regular rate or bonus?

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There is no "bonus tax rate"

If you make $2,000 in a paycheck, the government withholds taxes as if you'll make $48,000 per year. The reason a bonus is taxed more is because the government isn't smart enough to adjust the withholdings when you get a windfall, so if you get a $5,000 bonus they're going to withhold as if you make $120,000 a year even though in this example you'll only make $53,000 a year (48+5).

So, to answer your question: if your PTO payout is larger than your normal paycheck, you'll have more taxes withheld than normal. However you will get a true up at tax time because of the excess withholdings

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Taxed at like 22%..

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