I get a monthly bonus every month that is taxed along with my hourly paycheck. They are taxed together, do I need to do anything differently on my tax return this year?

 

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Nope.  It will all be included on your W2 you get.  

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It's included in my total wages so how can I claim it on my w2 ? Am I going to owe taxes on all my bonuses since they were taxed together with my paycheck and not separately?

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You get the W2 from your employer.  It will  be for the total of everything for the whole year.  Just enter the W2 exactly as shown into your return.  Box 1 is the total income they paid you.  Box 2 will be the total tax withholding they took out for both your pay and bonus.  

 

It is not separated out on your tax return.  You enter all your income and pay tax on the total income for the year.   Whether you get a refund or owe more tax depends on your total income and how much withholding was taken out and if you qualify for any credits.  You have to fill out your 1040 tax return to see how it ends up.  

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So just enter the numbers in the boxes like I normally would then? Are bonuses taxed differently than regular income? 

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@wwheat12 wrote:

So just enter the numbers in the boxes like I normally would then? Are bonuses taxed differently than regular income? 


Enter the W-2 as received.  A bonus is taxed just like normal wages.

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No, a bonus is not taxed differently.  It is just part of your total regular income on your tax return.  Your employer may deduct a bonus at a different rate.  But that is only for the withholding on your paycheck.  But on your final 1040 tax return it's all taxed the same.  Then you get credit for the total withholding.  

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Thank you