Withold fed tax on bonus to avoid refund for 2025 tax year
By the IRS calculation for witholdings and taxes owed for 2025 I would get about 1k refund for the tax year.
Bonus is coming up and Id like to exempt my bonus pay from fed taxes (over 1k in fed taxes but i can adjust a few dollars additional next paycheck), again to avoid a refund.
HR confirmed I can do this one time so not worried about that, just checking if this makes sense to avoid a refund and break even/pay a few dollars in 2026.
Posted May 7, 2025, 2:33 PM UTC
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