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one of the reasons the witholding on bonuses seems so high is becuase your company takes into account that this money was not planned for in your tax management. Therefore it's not unreasonable to assume that a person has NOT set the proper number of deductions needed to account for the potential bump to a higher bracket for instance. I seem to recall that most companies AUTOMATICALLY withold a much higher percentage of bonus income than most people will have to pay.
bottom line... it looks bad now... but you just may get a chunk of that back at tax time.
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