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Tax & Income Calculators

Bonus Tax Calculator

Estimate what is left of a bonus after withholding, payroll taxes and any retirement contribution.

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%
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%

Net bonus

$6,567

Income tax withheld
$2,068
Payroll tax
$765
Into retirement savings
$600
Bonus breakdown
  • Net
  • Income tax
  • Payroll tax
  • Retirement
Bonus

How this calculator works

Net = bonus − retirement contribution − withholding − payroll tax

withholding
the flat supplemental rate many employers apply to bonuses

Important considerations

  • Withholding is not the final tax — any over-withholding is reconciled at year end.
  • Diverting a bonus into retirement savings usually reduces the immediate tax.

Learn more

Terms used here

Frequently asked questions

Are bonuses taxed at a higher rate?

They are usually withheld at a flat supplemental rate, but the final liability follows your normal bands.

Disclaimer

Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.

Last reviewed 2026-08-01