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Myth vs. fact · US 2026

Bonus tax calculator: why is my bonus taxed so high?

Short answer: it isn't. A bonus is not taxed at a higher rate — when it's paid separately, your employer withholds a flat 22% for federal income tax, plus Social Security and Medicare. That's withholding, not your final tax. Enter your bonus and see what's taken out, your take-home, and whether you're likely to get some back.

Your bonus

Your take-home from the bonus

What comes out

Worked examples

Three runs of this calculator, computed on August 5, 2026 using the same code and the same data files this page uses. Nothing here is illustrative — change any input above to run your own.

Chicago analyst, $6,800 year-end bonus

Inputs: Bonus amount (USD): 6800 · Pay you've already earned this year (optional): 58200 · Your state's supplemental rate, if any (optional %): 4.95

Your take-home from the bonus: $4,447

Out of a $6,800 bonus, about $2,353 is withheld (34.6%), leaving $4,447 in your pocket now.

✓ Your bonus is NOT taxed at a higher rate — the 22% is flat withholding, not your final tax. Your real tax depends on your bracket, and if it's under 22% you'll get some back at filing.

What comes out

Bay Area director, bonus crosses the Social Security cap

Inputs: Bonus amount (USD): 38500 · Pay you've already earned this year (optional): 168400 · Your state's supplemental rate, if any (optional %): 10.23

Your take-home from the bonus: $24,473

Out of a $38,500 bonus, about $14,027 is withheld (36.4%), leaving $24,473 in your pocket now.

✓ Your bonus is NOT taxed at a higher rate — the 22% is flat withholding, not your final tax. Your real tax depends on your bracket, and if it's under 22% you'll get some back at filing.

What comes out

Texas executive, $1.25M bonus hits the 37% tier

Inputs: Bonus amount (USD): 1250000 · Pay you've already earned this year (optional): 480000 · Your state's supplemental rate, if any (optional %): 0

Your take-home from the bonus: $908,125

Out of a $1,250,000 bonus, about $341,875 is withheld (27.4%), leaving $908,125 in your pocket now.

✓ Your bonus is NOT taxed at a higher rate — the 22% is flat withholding, not your final tax. Your real tax depends on your bracket, and if it's under 22% you'll get some back at filing.

What comes out

Examples are recomputed whenever the underlying rates or data change; the date above is the last recompute.

How bonus withholding works & data sources

When a bonus is paid separately or separately identified, employers use the IRS percentage method: a flat 22% federal income-tax withholding on supplemental wages up to $1,000,000 per year, and a mandatory 37% on any amount above $1M. The 22% is unchanged for 2026 (the 2025 law made the underlying tax brackets permanent). A bonus is also subject to FICA: Social Security 6.2% up to the 2026 wage base of $184,500 (once your year-to-date pay passes that, Social Security stops), Medicare 1.45% with no cap, and an Additional Medicare 0.9% on wages above $200,000 for the year. States may add their own supplemental withholding, which varies. Crucially, all of this is withholding, not your final tax — your real liability depends on your total annual income and is settled when you file. If your marginal rate is under 22%, some comes back as a refund.

Rules verified as of July 19, 2026 — IRS Pub. 15 (Circular E) 2026; SSA 2026 wage base; IRS Topics 751 & 560 · Withholding estimate, not tax advice.

Sources: IRS — Publication 15 (supplemental wages, 22%/37%) · SSA — 2026 wage base ($184,500) · IRS — Additional Medicare Tax (0.9%)

Frequently asked questions

Is my bonus taxed at a higher rate?

No. It's withheld at a flat 22% (federal) when paid separately — that's not a higher tax, just a fixed withholding rate. Your actual tax is based on your total income and settled at filing.

Why did so much come out of my bonus?

22% federal plus Social Security (6.2%), Medicare (1.45%) and any state rate adds up to roughly 30–40% withheld — even though your final tax on it may be less. The gap comes back as a refund if your bracket is lower.

What if my employer lumps the bonus into my paycheck?

Then they may use the "aggregate method" — withholding based on your W-4 as if the combined amount were your normal pay, which can withhold more or less than the flat 22%. This tool estimates the flat-rate (separately-paid) method.

Will I get money back?

If your marginal rate is below 22%, the flat withholding took more than your real tax on the bonus, so you'd get the difference back. If it's above 22%, you may owe a bit more at filing.