Bonus Calculator
Calculate your bonus and estimate take-home amount.
📘 How It Works
Gross Bonus Calculation
Gross bonus = annual salary × (bonus percentage ÷ 100). A 10% bonus on $60,000 salary = $6,000.
Tax Estimation
Estimated taxes = gross bonus × (tax rate ÷ 100). At 25% tax rate, $6,000 × 0.25 = $1,500 estimated taxes.
Net Bonus
Net bonus = gross bonus - estimated taxes. $6,000 - $1,500 = $4,500 take-home bonus.
Bonus Tax Considerations
Bonuses are often taxed at supplemental income rates. The 22% federal supplemental rate is common in the US.
Total Compensation View
Add bonus to salary for total annual compensation. $60,000 base + $6,000 bonus = $66,000 total comp.
💡 Common Use Cases
Bonus Season Planning
Estimate your expected bonus and after-tax amount before it arrives. Plan spending or saving accordingly.
Job Offer Comparison
Factor bonus potential into compensation comparisons. A lower salary with 20% bonus might beat a higher base.
Tax Planning
Estimate tax impact of bonus. Consider making 401k contributions or charitable donations to reduce tax burden.
Performance Goal Setting
Calculate potential earnings at different performance levels if bonus percentage varies with performance.
Budgeting
Plan for bonus income without overcommitting. Understand the after-tax reality of your expected bonus.
Retention Bonus Evaluation
Calculate net value of retention bonuses when evaluating staying vs. leaving for another opportunity.