turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I am active duty military and I received a small bonus last year that was taxed. How do I file that in my taxes to receive that taxed portion back?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
DanielV01
Expert Alumni

I am active duty military and I received a small bonus last year that was taxed. How do I file that in my taxes to receive that taxed portion back?

It depends, but it's likely included in your W-2.  The Active Duty w-2s I've come across either report the bonus on it's own separate w-2 or include the amounts in the wages (box 1) and Federal Tax withheld (box 2) amounts.  Because of the requirements of withholding tables, bonuses generally have a large amount of taxes withheld taken out from them.  However, bonuses do increase your wages, which creates more tax.  Therefore, while you will likely get a portion of these extra taxes back, you might not get all of them back.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
DanielV01
Expert Alumni

I am active duty military and I received a small bonus last year that was taxed. How do I file that in my taxes to receive that taxed portion back?

It depends, but it's likely included in your W-2.  The Active Duty w-2s I've come across either report the bonus on it's own separate w-2 or include the amounts in the wages (box 1) and Federal Tax withheld (box 2) amounts.  Because of the requirements of withholding tables, bonuses generally have a large amount of taxes withheld taken out from them.  However, bonuses do increase your wages, which creates more tax.  Therefore, while you will likely get a portion of these extra taxes back, you might not get all of them back.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I am active duty military and I received a small bonus last year that was taxed. How do I file that in my taxes to receive that taxed portion back?

Thank you very much
DanielV01
Expert Alumni

I am active duty military and I received a small bonus last year that was taxed. How do I file that in my taxes to receive that taxed portion back?

You are welcome.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question