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Withheld. Not taxed differently than normal income.
Sooooo much misinformation
Lol EY1 was just about to say something similar. Witholdings do not equal taxes owed! That’s why we calculate taxes every spring 🙄
It’s the Manager Milestone bonus (look it up). And yes it’s separate from your regular annual bonus paid in Sep/Oct.
Yes. 20% if hired as associate (was 25% prior). Paid in April. 10% for hire as senior
Paid out just under a year later. Taxed 40%
Thanks everyone! Is this promotion bonus separate from the year end bonus paid out in September?