phreaks wrote:I think I figured it out.
I will be taxed at 25% on the bonus, but it will still be withheld at 35%.
But I should get the difference back in March when I file my taxes.
Don't you just love loaning your money to Uncle Sam interest free? I know he appreciates it!
EDIT: when we get bonuses, our HR won't allow me to change my withholding status for that one check. I've tried with no luck. I will be getting a "rebate" from Uncle Sam this year too.