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25% Federal withholding rate on "supplemental payments" add this to state, FICA and Medicare taxes and...yep it will be nearly 50%.
This is pretty much standard for any bonus payment.
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Jacob
Current: 1983 911 GT4 Race Car / 1999 Spec Miata / 2000 MB SL500 / 1998 MB E300TD / 1998 BMW R1100RT / 2016 KTM Duke 690
Past: 2009 997 Turbo Cab / 1979 930
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