North Carolina Bonus Tax Calculator - Percent Results

Below are your North Carolina salary paycheck results. The results are broken up into three sections: "Paycheck Results" is your gross pay and specific deductions from your paycheck, "Net Pay" is your take-home pay, and "Calculation Based On" is the information entered into the calculator.

To understand how to calculate federal, state, and local taxes check the paycheck FAQs below the results.

Employee Paycheck Results

Bonus Amount
$0.00
Federal Withholding
$0.00
Social Security
$0.00
Medicare
$0.00
State Tax Withholding
$0.00
Take home pay (net pay)
$0.00

Employer Taxes

Calculate employer taxes and save payroll history with PaycheckCity Payroll

Calculation Based On

Check Date
10/23/2024
Gross Pay
$0.00
Gross Salary Year to Date
$0.00
Additional Federal Withholding
$0.00
Round Federal Withholding
Yes
Exempt from Federal Withholding
No
Exempt from Social Security
No
Exempt from Medicare
No

What is the percentage method for bonuses?

The percentage method is used if your bonus comes in a separate check from your regular paycheck. Your employer withholds a flat 22% (or if over $1 million, 37% which is the highest rate of income tax). This percentage method is also used for other supplemental income such as severance pay, commissions, overtime, etc. Supplemental wages are still taxed Social Security, Medicare, and FUTA taxes.

Will my bonus be taxed even if I claim exempt in my W4?

Yes, the flat 37% rate applies even if an employee claims exemption in their federal Form W-4 from federal income tax withholding.

What is North Carolina’s supplemental/bonus tax rate?

Some states tax bonuses, which are also called supplemental earnings. Find North Carolina’s supplemental rate in our Payroll Resources under “Withholding Requirements”.
The calculators on this website are provided by Symmetry Software and are designed to provide general guidance and estimates. These calculators should not be relied upon for accuracy, such as to calculate exact taxes, payroll or other financial data. Neither these calculators nor the providers and affiliates thereof are providing tax or legal advice. You should refer to a professional adviser or accountant regarding any specific requirements or concerns.
North Carolina

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