If you’re like most people, you’re probably wondering how much tax you’ll have to pay on your bonus. Unfortunately, there’s no easy answer, as it depends on several factors, including your income tax bracket and whether or not the bonus is considered “ordinary income” or “qualified dividends.” However, we can give you a few tips to help you calculate your tax liability on bonuses.

First, if you’re in the 25% tax bracket or higher, you’ll owe a 25% tax on bonuses considered “ordinary income.” This includes bonuses that are paid in cash or that are used to purchase stock options. If the bonus is paid in stock, you’ll only be taxed on the value of the stock at the time you receive it.

Second, if you’re in the 15% tax bracket or lower, you’ll only owe a 15% tax on bonuses considered “qualified dividends.” This includes bonuses that are paid in stock or that are used to purchase stock options. If the bonus is paid in stock, you’ll only be taxed on the value of the stock at the time you receive it.

Finally, if you’re in the 10% tax bracket or lower, you won’t owe.