My husband will be receiving a bonus in December 2025.
1. What do we need to prepare for?
2. How do bonuses affect our tax bracket and overall liability?
3. Can or should his employer withhold more taxes on bonuses to avoid underpayment penalties?
4. Can we adjust our W-4s to offset additional tax owed from bonuses?
5. Should we open a Roth IRA or other account to offset?
Thank you!
