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Woah... there's a GSAP bonus?
Bonuses are usually taxed at 40%
Bonuses are not taxed at 40%. It is regular income, people. Withholding is higher, but that does not equal tax.
D2, I concede your superior tax knowledge and withdraw.
Withheld 40%, then the actual tax rate is 25% unless you have bonuses in excess of a million
D2, so will get 60% now and then another 15% in April?
Yup! I had signing bonus and relocation and my tax return was huge