The Bonus Payroll Calculator (Percentage Method)
Tags: bonus payroll, pay, salary, paycheck calculator, pay check, payroll tax calculator, tax calculators, salary calculator, take home pay calculator, wage calculator.
Plan smarter with the help of these payroll tax calculators. It's free.
Note: An annual bonus from your employer is always a welcome additional amount of income. However, it seems the tax bite out of a bonus check takes more than is left for you. Employers have the option on bonus payments of withholding tax at the same rate as your regular paychecks or at a flat 25 percent. Many employers chose the 25 percent option.
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Estimates made using these payroll calculators will not affect your PFA's payroll account information in any way. This is for your information only.
Please note: Our (6) payroll calculators that are provided on our web site are only meant to provide general guidance and estimates about the payroll process. They should not be relied upon to calculate exact taxes, payroll or other financial data. They may not match your payroll results precisely and are not intended to provide tax or legal advice.
You should consult with a professional advisor or accountant regarding your specific payroll concerns.