04-18-2023, 12:58 PM
(04-18-2023, 12:33 PM)BFritz21 Wrote: I minored in accounting in college and I know that some things are taxed differently, like bonuses are taxed at a different rate than a player’s normal income.
Same for me... my salary is usually taxed at about 27%...whereas by monthly bonuses are usually taxed higher..around 35-40%....what your company withholds and what you owe at the end of the year are totally 2 different things. It is all about tax brackets per pay and witholdings...It is all about total earnings when it comes tax time.
