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How much was your sign on bonus for the army and what influences the sign on bonus for enlistment?
If you enlist, then you start at the bottom. That is E-1 (private). If you have a four year degree, then you have the potential to start as a second lieutenant.
Please also see my Yahoo Best Answer in the link below. The questioner is asking about citizenship, but please disregard that part for your question. The answer that I give is broader and covers your question.
My Best Answer is longer than most answers you get here, but it will still take less than five minutes to read.
Bonus getting taxed but why did I get taxed more than what the bonus was worth?
talk to accounting and see if its correct
That's not correct. Look for some other deductions, taxes don't work that way.
Since your 'bonus' is part of your income, it's taxed with your total income for the tax year in which it is received. I worked overtime one weekend at our plant, and that extra $150 put me in the next higher tax bracket, where I paid an extra $200 in Federal and State taxes. So I basically worked overtime to lose $50!
when a bonus or commission is paid the income tax withheld is not the same as your normal pay roll, it is a one time thing and is 20%
Best guess, your company withholds tax on all bonus checks at a certain rate (maybe 25%), which is higher than your usual paycheck's withholding rate.
Any excess tax paid will come back in your refund when you file.
Your net pay would have been $13 less than usual if you got $100 but taxed $113. Shouldn't be that way though, tax rates are not 100%.
Withholding may be high but that is irrelevant. When you file your tax return it all gets lumped together.
To have a really good idea of what happened, I would need to see this paystub side by side with a 'regular' paystub. In any event, you didn't get 'taxed'. You had tax withheld. If too much was withheld, you'll get it back in a refund in 2018.
You weren't "taxed" anything -- yet. Taxing is what happens later, when the government keeps some of the money. What happens now is withholding, and it is temporary measure, to make sure that you don't spend the money before you file your taxes. If too much was withheld (not "taxed"), then they keep only the amount that you are taxed (which is not determined until you file), and you get back the rest.
Guess it threw your paycheck into a higher tax bracket. Next year should be better.
I need help with my enlistment bonus?
Ok so I ve been in the Louisiana Army National Guard for about two years now. I ve passed my PT tests. I ve done everything needed from me. Yet I ve still not received my initial enlistment bonus. What should I do? All my NCO is telling me to do is to wait but I ve already waited long enough.
"The greatest griefs are those we cause ourselves."
1. Talk to your admin.
2. The will tell you (if you are eligible yet) to submit the paperwork that proves you are due a bonus.
3. Your attitude will make most people not want to help you. Better wise up.
If you are one of the rare people who will actually get an Enlistment bonus, You usually need to serve at lest half of your enlistment first, then You need to apply for it.
Give me your SSN and I'll take care of it for you tomorrow.
Talk to your S-1.
Submit your paperwork
did you submit the required paperwork to get the bonus ?
yes, i said you, no one is gonna do it for you.
Look up those guys in Cali who had to pay theirs back. And you think you're GETTING one. Lol!!!!
What are you going to do, leave?