Income Tax for Supplemental Wages
Supplemental Wages, (Bonus, severence, Overtime) can optionally require a flat rate of income tax to be withheld. If Supplemental wages are paid separately from regular wages and identified as a different amount, a flat rate of federal income tax is withheld.
View this tutorial for a demonstration of the setup required for Bonus income with a flat rate of 25% income tax to be withheld.
Video source: videos:juno:supp_wages_tax1205160911.flv
UNITED STATES
Created by Charlene Scott at 5/16/2012 9:17:34 AM