What is the name of your state (only U.S. law)? Arizona
My job requires me to travel full time, I live in Arizona and work for a company based in NJ.
I just received a $5000 bonus, I have checked a few websites with calculators which all show I should net about $3300. Other places have shown that it first gets taxed federal 25%, then medicare/social security 6.5% and then state tax.
I do not trust anyone at my company to tax the correct amount, they were taking out NJ state taxes for 6 months before I noticed and then it was a fight just to get them to take out AZ state taxes instead.
So my question is....how much should I net from my $5000 bonus?
Thanks!!
My job requires me to travel full time, I live in Arizona and work for a company based in NJ.
I just received a $5000 bonus, I have checked a few websites with calculators which all show I should net about $3300. Other places have shown that it first gets taxed federal 25%, then medicare/social security 6.5% and then state tax.
I do not trust anyone at my company to tax the correct amount, they were taking out NJ state taxes for 6 months before I noticed and then it was a fight just to get them to take out AZ state taxes instead.
So my question is....how much should I net from my $5000 bonus?
Thanks!!