Global Bonus Tax Calculator
Calculate your take-home bonus across different countries
Standard code is 1257L (Personal Allowance £12,570)
Canada Pension Plan contributions
Bonus Tax Calculator
Estimate how much tax will be deducted from your bonus payment and calculate your net bonus amount instantly.
Calculate Your Bonus After Taxes
Results
Gross Bonus Amount: $
Federal Tax Withheld: $
State Tax Withheld: $
Social Security Tax: $
Medicare Tax: $
Net Bonus Amount: $
How to Use the Bonus Tax Calculator
- Enter your bonus amount in the first field (the gross amount before any taxes)
- Select your filing status (this affects your tax bracket)
- Choose your state to calculate state income tax (if applicable)
- Click "Calculate Tax" to see your estimated net bonus amount
- Review the results showing the breakdown of all tax withholdings
About Bonus Tax Calculations
Bonuses are typically taxed differently than regular wages. Employers usually withhold federal income tax from bonuses at a flat rate of 22% for amounts under $1 million (or 37% for amounts over $1 million). However, your actual tax liability may differ when you file your annual return, as bonuses are ultimately taxed as ordinary income.
This bonus tax calculator helps you estimate the immediate withholding on your bonus payment, giving you a clearer picture of your take-home pay. Remember that additional deductions like Social Security (6.2%) and Medicare (1.45%) taxes also apply to bonus payments.
Important Note
This bonus tax calculator provides estimates only. Actual tax withholdings may vary based on your specific circumstances, additional income, deductions, and tax credits. The calculator assumes your bonus is being paid separately from regular wages (supplemental rate). For the most accurate assessment of your tax situation, please consult with a qualified tax professional.