Are bonuses taxed differently than regular salary? How are bonuses taxed?

When you receive a bonus you may ask “How are bonuses taxed?” When you check your pay-stub it may look shocking to you!! Are bonuses taxed higher? It may look like bonuses are taxed more, but are they really? Find out whether bonuses are considered wages, are bonuses taxed more, are bonuses taxed at a different rate, and if are bonuses included in your W2!

Disclaimer: This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

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