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Taxes & withholding

Federal and state tax on a paycheck, in plain numbers.

Why your bonus is taxed at 22% — and what that number really isThe flat 22% is a withholding rate, not your tax rate — when employers may use it, what happens above $1,000,000, and why the final bill is settled at…→What a $60,000 salary actually pays youFederal income tax, Social Security, Medicare and state tax on a $60,000 salary in the 2026 tax year — with the arithmetic shown.→