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How Are Bonuses Taxed?

Bonus checks surprise people twice: first when 30–40% vanishes between gross and net, and again in April when some of that money comes back as a refund. Both surprises come from the gap between withholding (what payroll takes) and tax liability (what you actually owe). This guide walks through every layer, so you can predict a bonus check to the dollar — and understand why the 22% is a prepayment, not a punishment.

Quick answer: Employers withhold a flat 22% of your bonus for federal income tax (37% above $1M in supplemental wages), plus 7.65% FICA and your state's supplemental rate. But at filing, the bonus is taxed as ordinary income at your actual bracket — so if your effective rate is below 22%, the excess comes back as a refund.

The 22% supplemental withholding rule

The IRS gives employers two ways to withhold on supplemental wages like bonuses. The most common is the percentage method: a flat 22% federal income tax on the bonus, no W-4 tables involved. The rate applies to the entire bonus up to $1 million of supplemental wages in the year; anything above that threshold is withheld at 37%. The 22% is pure withholding — it is not your tax rate on the bonus.

The aggregate method (bonus paid with regular wages)

If your employer adds the bonus to a regular paycheck without separating it, the combined amount must be withheld as if it were all regular wages under your W-4. Depending on your income, that can withhold more or less than the flat 22% would. Most payroll systems avoid this by running bonuses as separate supplemental payments.

FICA: the part nobody exempts

  • Social Security: 6.2% of wages up to the annual wage base ($184,500 for 2026) — once you've hit the base for the year, no further SS tax is due, which is why late-year bonuses can dodge it.
  • Medicare: 1.45% of all wages with no cap, plus an extra 0.9% on wages above $200,000 for singles ($250,000 joint, employer-only withholding rule).
  • No bonus exemption exists for FICA — the 2026 overtime and tips deductions do not touch it either.

State tax on bonuses

Nine states levy no wage income tax (AK, FL, NV, NH, SD, TN, TX, WA, WY), so the only slices off a bonus there are federal. States with flat income taxes typically apply their flat rate to supplemental wages; California publishes a dedicated 10.23% supplemental rate and New York withholds 9.65%. In progressive-tax states, employers either use a flat estimate or roll the bonus into regular withholding. Your state list and rates appear in our bonus tax calculator.

Why you often get some of it back

At filing, your bonus is ordinary income — added to your salary and taxed at your actual brackets. If your total income puts your effective federal rate at 15%, the 7-point gap between 15% and the 22% withheld becomes refund. That's also why a bonus in a high-earning year (near a bracket edge) can genuinely cost more tax than the same bonus in a low year: the withholding is fixed, the liability isn't.

Legitimate ways to shrink the tax

  • 401(k)/403(b) deferrals taken from the bonus check reduce taxable wages dollar-for-dollar (some plans require an election before payroll runs).
  • HSA and FSA contributions through payroll do the same.
  • If withholding clearly overshoots, a mid-year W-4 adjustment spreads the correction over remaining checks instead of waiting for a refund.
  • Timing: if the employer will defer a bonus to January, the tax moves with it — occasionally useful near bracket edges.

Frequently Asked Questions

Is my bonus taxed at 22% or my normal bracket?
Both, at different times. Withholding is a flat 22%; your actual tax is your ordinary bracket rate applied at filing. If your bracket rate is lower, you get the difference back; if higher, you owe it in April.
Do bonuses get taxed twice?
No. It only looks that way because withholding is front-loaded at 22%. The bonus appears once on your W-2 and is taxed once as ordinary income.
How much is a $10,000 bonus after taxes?
Roughly $7,035 in a state with no income tax ($10,000 − $2,200 federal − $765 FICA), $6,770 in a 5% state, and about $6,000 in California with its 10.23% supplemental rate. Excess withholding beyond your true liability returns at filing.

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