Tax & Income Calculators
Bonus Tax Calculator
Estimate what is left of a bonus after withholding, payroll taxes and any retirement contribution.
Net bonus
$6,567
- Income tax withheld
- $2,068
- Payroll tax
- $765
- Into retirement savings
- $600
- Net
- Income tax
- Payroll tax
- Retirement
How this calculator works
Net = bonus − retirement contribution − withholding − payroll tax
- withholding
- the flat supplemental rate many employers apply to bonuses
Example calculation
Illustrative example — not advice
Worked example — the bonus tax calculator as it loads, using the default figures below.
- 01Enter bonus amount: $10,000.
- 02Enter supplemental withholding rate: 22%.
- 03Enter payroll tax rate: 7.65%.
- 04Enter retirement contribution: 6%.
- 05Read the net bonus from the results panel: $6,567.
Net bonus: $6,567. Income tax withheld: $2,068. Payroll tax: $765. Into retirement savings: $600.
These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.
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.
Related calculators
- Take-Home Pay CalculatorNet pay after tax and deductions.
- Income Tax CalculatorTax due, marginal rate and effective rate.
- Paycheck CalculatorNet pay per pay period after all deductions.
- 401(k) CalculatorWorkplace plan balance including employer contributions.
- Salary CalculatorSalary converted across every pay period.
- Hourly to Salary CalculatorAnnual salary implied by an hourly rate.
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