Got a $5,000 signup bonus , my annualized salary is 80k. So my semi monthly paycheck at Accenture is $3,384 pre tax. The bonus got added to the first paycheck so pretax it was $8,384, and my net pay is $5,121. I get that bonuses have extra taxes withheld... does 39% feel about right for the total tax? My normal tax rate in NYC would be about 33%. Will I get a refund when I file?

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Theoretically you would get some of that back with a return. But if you have significant capital gains then you may be a net payer despite the overpay with the bonus

likefunny

Ya it thinks that’s your total paycheck, it will at settle up when you file

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Bonus get taxed at 22% for federal taxes. That’s before SS, Medicare, and state taxes. So yes, it could add up to 39%

That’s said it doesn’t matter all in. Your true tax rate is dealt with when you file your tax return in 2022

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Bonuses usually get taxes withheld at 22% for federal. With fatca, state and local in NYC, 39% total seem reasonable.
In comparison, your marginal federal tax rate for normal paycheck would be lower

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