Is The Tax on Your Year-End Bonus Higher Than Expected? Here’s The Reason

Economy Affairs
Dec 30, 2023

--

Is The Tax on Your Year-End Bonus Higher Than Expected? Here’s The Reason

According to IRS data for 2020, 49% of individual tax returns filed, or approximately 81 million returns total, fell within marginal income tax brackets under 22% — this includes taxpayers in both 10% and 12% tax brackets but excludes those in the 0% bracket.

Click here to read the full article — → https://economyaffairs.com/is-the-tax-on-your-year-end-bonus-higher/

--

--

Economy Affairs
Economy Affairs

No responses yet