Taxes on TC for Bloomberg
Hey, I'll be starting a new role as a senior software engineer at Bloomberg. Just for budgeting purposes, I was wondering what the taxes looked like, particularly the bonus. In my experience, the bonus got taxed crazy high (50%) in my old company while my salary got taxes 33 percent. I live in NYC. TC: 220K Base: 185K Bonus: 35k YOE: almost 4 years #tech #bloomberg #engineering #swe #taxes
The total for the year is the only thing that matters for how much you owe, withholding can get weird on individual paychecks though. https://smartasset.com/taxes/new-york-tax-calculator