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Dasco00
June 3rd, 2006, 10:00 AM
What percent of tax is Taken out of the $20,000 bonus?


Thanks

choclab
June 4th, 2006, 07:51 PM
You should recieve $8,400.00 after AIT and then on the last day of your third year or the first day of your fourth year, (still with me..lol) you will recieve another lump sum of $8,400.00.

New_Here
June 4th, 2006, 08:34 PM
But is it the same amount for everyone?

AbnMtn
June 5th, 2006, 08:33 AM
Taxes may be different from person to person depending on tax bracket, marital status, number of dependents and any other adjustments/deduction on the W-4.

q_et2000
June 7th, 2006, 06:26 PM
I'm suppose to get a $20,000 bonus because i'm prior marine corps only been out a year have one son and i'm married i was told that 30%- 35% is taken in taxes is that correct

Specialist Purdue
June 8th, 2006, 08:39 AM
I am not for sure the exact percentage of money that is taken out but I know that taxes take a small amount of your bonus.