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Get your taxes done using TurboTax
It's on one of the flow-through pages after clicking on "received raise or bonus". I agree that TT's likely intent was to describe the withholding rate, but TT should be making this distinction rather than contributing to misinterpretation. As a CPA, it baffles me how many folks truly think that bonuses are taxed at a higher rate rather than simply being withheld at one. And this statement on TT's on website isn't helping matters in the least.
‎December 23, 2021
8:34 AM