Bonus Tax Calculator
Calculate your take-home pay from bonuses and supplemental income
See how much you'll actually receive after federal supplemental withholding (22%), state taxes, and FICA.
Planning how to use that bonus? Explore RentCalc for essential rent calculators for tenants & landlords.
Bonus Calculator
Helps us compare: bonus as separate check vs. added to regular paycheck
Understanding Bonus Pay
Types of Bonuses
- •Performance bonuses: Based on individual or company performance
- •Sign-on bonuses: Paid when starting a new job
- •Retention bonuses: Incentive to stay with the company
- •Holiday bonuses: Year-end or seasonal payments
Why 22%?
The IRS requires a flat 22% federal withholding rate for supplemental wages (bonuses) up to $1 million per year.
This is just withholding, not your actual tax rate. You may get a refund or owe more when filing your return.
State Tax Treatment
States tax bonuses as regular income using their standard income tax rates. Some states have no income tax (TX, FL, WA, etc.).
Tax Planning Tips
Consider adjusting your W-4 withholding if you receive large bonuses regularly. You can also make estimated tax payments to avoid underpayment penalties.