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null

Taxes question. Got a 10k signing bonus, only got about 6k after taxes. Will I get any of that back next year when I do my taxes? If so how much should I expect?

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Depends on your tax bracket.

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I'd say you're unlikely to get any back - you aren't pulling down enough to max out FICA, so the withholding of FICA, FUTA, Medicare Part A and Federal Income Tax should come to roughly 40% all in. They withheld it at the rate determined by your regular salary and W4 config. Welcome to adulthood.

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Don't asks PWC tax

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Yes. Expect around 1-2k

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D1 is right. If you got taxed at 40% for the bonus, and you should've only been taxed at 25% (based on your income), that would be ~1.5k. But since you're starting late in the year (assuming this is your first job and just started), you're only making ~40k this tax year. That should mean a lower tax bracket.

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The answer is that nobody here knows the rest of your tax information so it is impossible to say, congrats on the bonus though

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@d7, that's related to withholding not how much tax is actually paid which is a function of your marginal tax rate before you receive said bonus.

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I started out in high net worth tax (fuck young me for being an idiot). This is a pretty common misconception, right along with people thinking making enough to put them in a higher bracket nets them less money as if all income is taxed at the same rate.

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I pull in 80k so I'm not way up in the tax brackets, at least I don't think.

Probably. Bonuses are not taxed any differently. It's all just income.

I came from another firm though, brought on as an Exp hire.

Lol you'll likely never see it again

@D3, bonuses are taxed differently

@D7, that's simply not true

http://blog.turbotax.intuit.com/income-and-investments/bonus-time-how-bonuses-are-taxed-and-treated-by-the-irs-8003/

To everyone in this thread, fucking google it instead of spreading incorrect information

https://www.linkedin.com/pulse/myth-busted-government-does-tax-bonuses-other-payments-daniel-watkins

Turbotax is shady at, trying to pretend shit is complicated so people don't file their own faces with 1 w-2 and a brokerage statement

http://smallbusiness.chron.com/tax-liability-bonuses-vs-salary-25845.html

For the flat tax rate, the employee must pay 25 percent of the bonus to the federal government and then an additional flat tax rate to the state

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