# How much do you get taxed?

**URL:** <https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641>\
**Category:** NYSpeed Off Topic\
**Created:** [June 22, 2006, 8:19am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641 "2006-06-22T08:19:07Z")\
**Posts on this page:** 10\
**Page:** 3

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**Author:** ![Zong](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zong/32/7580_2.png) [@Zong](https://forums.speedlife.net/u/Zong)\
**Post date:** [June 22, 2006, 12:56pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/41 "2006-06-22T12:56:36Z")

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Do bonus checks get taxed super heavily?

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**Author:** ![Adictd2b00st](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/adictd2b00st/32/7625_2.png) [@Adictd2b00st](https://forums.speedlife.net/u/Adictd2b00st)\
**Post date:** [June 22, 2006, 12:58pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/42 "2006-06-22T12:58:59Z")

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> [@azndc5er](#):
>
> Do bonus checks get taxed super heavily?

ohhhhhhhhhhhh yea

it sucks, big time

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**Author:** ![Zong](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zong/32/7580_2.png) [@Zong](https://forums.speedlife.net/u/Zong)\
**Post date:** [June 22, 2006, 12:59pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/43 "2006-06-22T12:59:47Z")

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Like how much? 50%? 60%?

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**Author:** ![Daddie](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/daddie/32/7621_2.png) [@Daddie](https://forums.speedlife.net/u/Daddie)\
**Post date:** [June 22, 2006, 1:04pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/44 "2006-06-22T13:04:03Z")

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> [@azndc5er](#):
>
> Like how much? 50%? 60%?

Read like, 5 posts up

40%

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [June 22, 2006, 1:20pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/45 "2006-06-22T13:20:34Z")

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> [@SC\_Steve](#):
>
> lol for most of us, it’s the govt. holding our $$$ until you retire 😛

Talk about painful, I pay the max on ss and I will probably never see a penny of it.

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**Author:** ![avs](https://avatars.discourse-cdn.com/v4/letter/a/f475e1/32.png) [@avs](https://forums.speedlife.net/u/avs)\
**Post date:** [June 22, 2006, 9:19pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/46 "2006-06-22T21:19:29Z")

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> [@AWDrifter](#):
>
> So you make more than $319,000 per year.  
> Nice income.

Yea i wish not even closed.

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**Author:** ![Bigairskier1580](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bigairskier1580/32/7612_2.png) [@Bigairskier1580](https://forums.speedlife.net/u/Bigairskier1580)\
**Post date:** [June 22, 2006, 9:51pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/47 "2006-06-22T21:51:21Z")

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I only see about 58% of my bonus check each month.

But it usually saves my ass bigtime come Tax return time, otherwise I’d be oweing soooooo much money. Instead I get a pretty decent return.

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**Author:** ![lis9894](https://avatars.discourse-cdn.com/v4/letter/l/f14d63/32.png) [@lis9894](https://forums.speedlife.net/u/lis9894)\
**Post date:** [June 23, 2006, 9:29am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/48 "2006-06-23T09:29:37Z")

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I lose between $250 and 300 a pay check. When if I have more than 6 hours of Overtime its worse.

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [June 23, 2006, 10:12am UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/49 "2006-06-23T10:12:09Z")

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The only reason bonus checks get taxed heavily is because for that pay period, your yearly income, seems rather large. You do not get “tax bracket” protection from bonuses either, your AGI is made up of your salary (+ comissions) and your bonus, not just one. Both numbers feed into it, thus determining your tax bracket.

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**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\
**Post date:** [June 23, 2006, 6:02pm UTC](https://forums.speedlife.net/t/how-much-do-you-get-taxed/13641/50 "2006-06-23T18:02:46Z")

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PUT IN YOUR 401K/403B as much as you can. Right now I have more money in there than I have ever saved in my entire life… I check up on it weekly, and it goes up daily… with no work on my part.

DOOOO IT!!!

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