Texas Bonus Tax Calculator 2025
Calculate your take-home bonus after federal taxes and deductions
Texas Bonus Tax Calculator Overview
The Texas bonus tax calculator computes taxes on bonus pay for employees in Texas. It calculates federal withholding on supplemental wages. Texas does not have a state income tax, so the tool focuses on federal taxes and FICA deductions.
How the Calculator Works
Input Your Bonus Amount:
Enter your bonus amount into the calculator’s field.Federal Withholding Calculation:
- If your bonus is $1 million or less, the calculator applies a flat 22% federal withholding rate.
- If your bonus exceeds $1 million, the calculator withholds 22% on the first $1 million and 37% on the excess.
FICA Tax Calculation:
- The tool computes Social Security tax at 6.2% (up to the wage base limit).
- It calculates Medicare tax at 1.45% on all wages, with an extra 0.9% if your income exceeds certain thresholds.
Net Bonus Pay:
The calculator subtracts the total federal and FICA withholdings from your bonus to show your net bonus pay.
Benefits of Using the Texas Bonus Tax Calculator
Accurate Tax Withholding:
Uses current federal tax rates to calculate bonus withholding.User-Friendly Interface:
Provides clear, step-by-step input fields and instantly displays your results.Simplified Calculations:
Breaks down deductions into federal tax, Social Security, and Medicare, making complex tax topics easy to understand.Optimized for Texas:
Designed for Texas employees who benefit from no state income tax, ensuring you only see federal and FICA deductions.