Bonuses in content page of articles
Include in your income:
- Bonuses and awards from your employer reported on your Form W-2
- Vacation trips you receive for exceeding sales goals
Your employer will usually withhold taxes from bonuses you receive at the flat rate of 25%. However, if you earn more than $1,000,000 a year, the withholding rate will be the highest rate of 35% on the amont over $1 million.