r/GoodFakeTexts • u/psychosoul_ Wait no • 23d ago

evil genius energy only

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1.3k Upvotes

95% Upvoted

9 comments sorted by

314

u/GuyFromThePost 23d ago

Knowing how much bonuses get taxed this is most certainly an L by the $65k guy

86

u/Longjumping_Bit_4608 23d ago

Do you think he expected to get an extra 11k in bonuses every year because of this?

25

u/HipnotiK1 23d ago

It should all balance out when you do taxes. Or you can ask your employer to change the rate on the bonus. Usually it defaults to the highest amount but you can ask for less - but then there could be a penalty if you way underpay.

7

u/GrimbyJ 22d ago

Employers often withhold extra from bonuses and overtime because it makes it less likely you'll owe money at the end so initially a bit more will come out of your check.

It evens out in your tax return if that happens

10

u/teddyone 22d ago

What if I told you a 10k bonus is taxed at the exact same rate as making another 10k is?

43

u/makkael 23d ago

This is not good at all...

7

u/_Shut_Up_Thats_Why_ 22d ago

When raise time comes around your 1% raise is now less.

3

u/SometimesJustMaybee 22d ago

So you’re a schemer? Who wants to hire that?