How Are Bonuses Taxed in 2026?

Why your bonus looks over-taxed — and what you actually keep.

By Michael Bennett, Personal Finance & Tax Writer · Updated June 2026

In 2026, employers withhold federal tax on most bonuses at a flat 22% supplemental rate (rising to 37% on bonus amounts over $1 million), plus 6.2% Social Security, 1.45% Medicare, and any state income tax. So a $5,000 bonus typically has about $1,100 federal tax + $382 FICA withheld before any state tax — leaving roughly $3,500 in a no-income-tax state. Crucially, this is withholding, not your final tax bill.

The two ways bonuses are withheld

The IRS lets employers use one of two methods for "supplemental wages" like bonuses:

FICA and state tax still apply

On top of the 22% federal income tax withholding, every bonus is also subject to:

See how your state affects take-home in our take-home pay by state study, or get an exact figure with the salary after-tax calculator.

"Why was my bonus taxed so much?"

This is the #1 bonus question — and the answer is reassuring: bonuses are not taxed at a higher rate. They are ordinary income, taxed on your return at your normal brackets. The flat 22% withholding often takes more than your true marginal rate, especially if you earn under ~$100k. The difference comes back to you as a refund when you file. (If you earn a lot, 22% may under-withhold and you could owe.)

Worked example: a $10,000 bonus

In a 5% state, subtract another $500. Use the US paycheck calculator to model your own salary plus bonus.

How to keep more of your bonus

Frequently asked questions

This guide is general information, not tax advice. For your situation, consult a tax professional. Figures are 2026 estimates.

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