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Tax Commission  Form

Tax Commission Form

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What is a W-9 tax form? What is a W-9 tax form?

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Video instructions and help with filling out and completing Tax Commission Form

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Instructions and help about Tax Commission

hi I'm Ashley Hamilton a tax manager at complete payroll welcome to another episode of Ashley explains where I lay down the facts about tax let's get started [Music] bonuses and commissions fall into a category defined by the IRS as supplemental wages because these wages are not paid at a regular frequency it's harder to tell how they should be taxed the IRS gives you two ways to calculate federal withholding on these payments the optional flat slash of mandatory rate method or the aggregate method for supplemental wages up to and including $1,000,000 use the optional flat rate method which is 22% for any supplemental wages over 1 million use a mandatory flat rate method which is 37 percent when the employee has no federal income tax withheld from regular wages the employer must use what's called the aggregate method the aggregate method is especially useful if the supplement payment is issued separately from a normal payroll check the only exception is when the employees year today s

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