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Bonus tax calculator

Updated

Bonuses are "supplemental wages": employers withhold federal tax at a flat 22%. Your actual tax depends on your bracket, so this calculator shows both the check you'll receive and what you keep after filing.

Bonus check after withholding
$3,517.50
$4,017.50 is what you really keep after filing
Federal withholding (22% flat)
−$1,100.00
Social Security (6.2%)
−$310.00
Medicare (1.45%)
−$72.50
Texas tax
−$0.00
Net bonus check
$3,517.50
Federal tax actually owed on the bonus
$600.00
Your top bracket: 12%
Comes back in your refund
$500.00

Employers usually withhold federal tax on bonuses at a flat 22% (37% above $1 million). Your real tax depends on your bracket, so the difference is settled when you file.

Bonus after taxes by state ($5,000 bonus, $60,000 salary)

StateWithheldBonus checkKept after filing
Texas$1,483$3,518$4,018
Florida$1,483$3,518$4,018
California$1,883$3,117$3,617
New York$1,774$3,226$3,726
Illinois$1,730$3,270$3,770
Pennsylvania$1,640$3,361$3,861
Ohio$1,620$3,380$3,880
Georgia$1,732$3,268$3,768
North Carolina$1,682$3,318$3,818
Washington$1,552$3,448$3,948

Frequently asked questions

How much tax is taken out of a bonus?

Federal withholding is usually a flat 22% (37% on the part above $1 million), plus 6.2% Social Security, 1.45% Medicare and state tax. On a $5,000 bonus in Texas that's about $1,483 withheld.

Why is my bonus taxed so high?

It isn't taxed more than salary — it's withheld at 22% flat. If your real bracket is 12%, you get the difference back as a refund; if it's 24%+, you'll owe a little more.

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Estimates for information only — not tax, legal or financial advice.