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Why is my bonus taxed at the same rate my bi weekly pay is taxed at?

 
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Why is my bonus taxed at the same rate my bi weekly pay is taxed at?

Why do you expect it to be taxed differently?   You are taxed on the amount of income you earned -- whether it was weekly pay or a bonus.  When you prepare your tax return, the software will reconcile the amount of income you earned against the amount of tax withheld to determine if you owe more or if you get a refund.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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