A bonus is treated like any other income from that employer...just like salary (call the money or things your employer pays or gives you anything you want - that isn't going to change what it really is and the tax authorities know that).
The percent taken out depends on all the factors you established by filing your W-4 and varies from person to person. Remember, if your just considering what percent you would have withheld to figure how much you'll have, many things are taken out of your pay that aren't income tax!
The amount of federal tax that is taken out of your check in the state of Texas depends on your tax situation. Typically, you can except between 10 and 20 percent to be taken out for federal taxes.
8.25%
Texas does not have a personal state income tax.
I won a lottery ticket in Wisconsin, worth $10,000, how much federal and state tax will be taken out?
There are no property taxes in Texas currently. However, the estate tax is a federal tax, and as of 2010 it was up to the first $5 million being deductible.
The amount of federal tax that is taken out of your check in the state of Texas depends on your tax situation. Typically, you can except between 10 and 20 percent to be taken out for federal taxes.
Current Texas Sales Tax is $0.0825000.
Sales tax on automobiles in Texas is 6.25%.
8.25%
Texas does not have a personal state income tax.
about 40%...?
I won a lottery ticket in Wisconsin, worth $10,000, how much federal and state tax will be taken out?
6.25%
None
There are no property taxes in Texas currently. However, the estate tax is a federal tax, and as of 2010 it was up to the first $5 million being deductible.
6.25%
6.25%