![How Bonuses Are TaxedWorking hard all year to help your company meet its annual goals deserves a reward, and you’ve definitely earned that bonus. But bonuses count toward your income for the year, so they’re subject to income taxes. To learn how much...](https://64.media.tumblr.com/f3317bb7c5d9c18097c4bb5242a957e0/tumblr_pdsknedQlQ1u1bpvro1_1280.jpg)
How Bonuses Are Taxed
Working hard all year to help your company meet its annual goals deserves a reward, and you’ve definitely earned that bonus. But bonuses count toward your income for the year, so they’re subject to income taxes. To learn how much tax you can expect to pay on your bonus—and for tips on reducing your tax liability, see the full TurboTax article.
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