Nov 14, 2014 · Each main earning code has Gross up selected in the Include in payment run type field, and specifies a secondary earning code in the Gross up earning code field. When the main earning code is included in a gross up payment run, additional earnings are generated to make sure that the worker receives the specified amount after all taxes are withheld. Nov 28, 2016 · Bonuses are generally considered supplemental wages and are subject to federal taxes as well as certain state taxes. For federal taxes, bonuses up to $1 million are typically taxed at a flat rate of 25 percent (a higher percentage for amounts over $1 million). Keep in mind that many types of bonuses are considered taxable by the IRS.
Help Please enter the amount of Total Gross Pay and Corrected Total Gross Pay for each pay period below to calculate Adjusted Gross Back Pay. You can easily navigate the fields with tab. You can easily navigate the fields with tab. Bonus (Percentage) Calculator Calculate withholding on special wage payments such as bonuses. If your state doesn’t have a special supplemental rate, see our aggregate bonus calculator .