Bonus tax question

Ravi

Diamond Member
Feb 27, 2008
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How is it that the employees at these financial companies never had to pay taxes on their bonuses to begin with? I thought income was income, but it sounds as if they were receiving this money tax free all along.

Does anyone know?
 
How is it that the employees at these financial companies never had to pay taxes on their bonuses to begin with? I thought income was income, but it sounds as if they were receiving this money tax free all along.

Does anyone know?

You don't owe any taxes on income that you haven't received.
 
How is it that the employees at these financial companies never had to pay taxes on their bonuses to begin with? I thought income was income, but it sounds as if they were receiving this money tax free all along.

Does anyone know?

Taxes are automatically taken out of my bonus check.
 
How is it that the employees at these financial companies never had to pay taxes on their bonuses to begin with? I thought income was income, but it sounds as if they were receiving this money tax free all along.

Does anyone know?

You normally wait to play stupid until you're responding to someone else's post. I guess you're growing a little less patient. :eusa_whistle:
 

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