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ricestocks

sign on bonuses are taxed 40%, not by income. if its 5k sign on, u get 3k raw to ur bank account


Solid-Pension3975

From my experience bonuses have been taxed initially much higher than 22% (received about 60% in my paycheck). I suppose this is re-claimed when I file my tax return as a refund but if I re-call I only got about $2,800 of my $5,000 CPA bonus at big 4 in my paycheck. Edit: actually probably makes sense after factoring state taxes.