this post was submitted on 29 Oct 2024
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I do wish I had a way to opt out of any withholding for bonus pay, I'd rather have the money now and risk having to pay a bit when I file taxes vs not having the money and getting a refund a year later when it's worth less.
My guess is the rule for greater withholding went in because of this idea. The majority of people would prefer to risk it, and the majority of people end up short at tax time.