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Bonus Tax Calculator

See how much of a bonus you'll take home after the 22% federal supplemental withholding and FICA.

About the Bonus Tax Calculator

Employers usually withhold federal tax on bonuses at a flat 22% (37% on supplemental wages over $1 million in a year). This is withholding, not your final tax: when you file, the bonus is taxed with your other income, so you may get some back or owe more.

The formula

Withholding = 22% × bonus (37% above $1M) + 7.65% FICA

Worked example

Example: Take-home before state tax = $7,739

  1. Inputs: Bonus amount: $11,000; Supplemental wages already paid this year: $0; Filing status: Single.
  2. Formula: Withholding = 22% × bonus (37% above $1M) + 7.65% FICA
  3. Result: Take-home before state tax = $7,739

Questions people ask

Why was so much taken out?

Some employers use the aggregate method, adding the bonus to a regular paycheck, which can withhold more.

Can I put my bonus in my 401(k)?

Often yes, if your plan allows; that avoids income tax withholding on that part.

Sources