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  2. Bonus Tax Rate: How Are Bonuses Taxed? - AOL

    www.aol.com/bonus-tax-rate-bonuses-taxed...

    In addition to federal taxes, you may also have to pay state taxes on your bonuses. In addition to bonuses, other forms of compensation that are considered supplemental wages include: Federal Tax ...

  3. I Got a Bonus! Am I Going to Owe Taxes on It? - AOL

    www.aol.com/owe-taxes-bonus-130019321.html

    The satisfaction of receiving a year-end bonus may soon be tempered by the realization that income taxes will have to be paid on the extra money. Bonuses are treated as income and thus subject to ...

  4. Why the Bonus Tax Rate Is Bad News for Your Tax Refund - AOL

    www.aol.com/why-bonus-tax-rate-bad-194131990.html

    Read on to understand and minimize the taxes associated with bonuses. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 ...

  5. Gross-up clause - Wikipedia

    en.wikipedia.org/wiki/Gross-up_clause

    The sequence of additional payment, tax calculation, additional payment continues until the recipient receives the same amount, net of all the taxes, as would have been received had there been no taxes. The formula for calculating the total amount of a grossed-up payment is (the amount of the payment) divided by (1 minus the tax rate). Thus, a ...

  6. Adjusted gross income - Wikipedia

    en.wikipedia.org/wiki/Adjusted_gross_income

    In the United States income tax system, adjusted gross income (AGI) is an individual's total gross income minus specific deductions. [1] It is used to calculate taxable income, which is AGI minus allowances for personal exemptions and itemized deductions. For most individual tax purposes, AGI is more relevant than gross income.

  7. Pay-as-you-earn tax - Wikipedia

    en.wikipedia.org/wiki/Pay-as-you-earn_tax

    The PAYE tax system was introduced in Barbados in 1957 which allowed employees to have their income tax be paid on the behalf of their employers by deducting the amount from their wage/salary. Every employer who has employees earning more than $481 per week or $2,083 per month is required to register as an employer with the Barbados Revenue ...

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