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SVTPerformance's Chain of Restaurants
Road Side Pub
Year end Company bonus tax rate?
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<blockquote data-quote="MFE" data-source="post: 16079468" data-attributes="member: 36397"><p>AFAIK you get taxed at the rate that would apply if that was your regular pay. When I was 20 making time-and-a-half on overtime during a summer job, my net check after taxes after working two 80-hour weeks in a row was a hard and lasting lesson. That pay rate bumped me way up the annualized withholding scale, and I didn't get **** all in my pocket for my effort until tax season.</p></blockquote><p></p>
[QUOTE="MFE, post: 16079468, member: 36397"] AFAIK you get taxed at the rate that would apply if that was your regular pay. When I was 20 making time-and-a-half on overtime during a summer job, my net check after taxes after working two 80-hour weeks in a row was a hard and lasting lesson. That pay rate bumped me way up the annualized withholding scale, and I didn't get **** all in my pocket for my effort until tax season. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Year end Company bonus tax rate?
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