2026 Calculator
Bonus Tax Calculator
Calculate taxes on your bonus
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This estimate is based on projected 2026 data and industry averages. Actual premiums vary by insurer, location, and individual factors. Consult a licensed insurance agent for accurate quotes.
*Based on estimated 2026 projections. Data may not reflect real-time legislative changes.
FAQ
How are bonuses taxed in 2026?
Bonuses are considered supplemental wages. Most employers use the flat 22% federal withholding rate. For bonuses over $1 million, the excess is withheld at 37%. State taxes, Social Security (6.2%), and Medicare (1.45%) also apply.
What is the aggregate method for bonus tax?
The aggregate method combines your bonus with your regular paycheck for that period, calculates total tax, then subtracts what was already withheld from regular pay. This can result in higher or lower withholding than the 22% flat rate depending on your tax bracket.
Will I get my bonus tax back?
Withholding is not your final tax. At year-end, your actual bonus tax depends on your total income and marginal bracket. If too much was withheld, you get a refund. If too little, you owe more. The 22% flat rate often over-withholds for lower earners.