- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Payroll deduction
I earned a bonus in 2021 payable over 3 years. I retired in 2022. My recent bonus payout calculated the Social Security deduction at 12.4%. The bonus was earned while I was employed and paid while I am retired. Should I pay the 6.2% employee deduction or the 12.4% self employed deduction?
May 1, 2024
8:42 AM