Bonus checks
US Intuit Online PayrollHow do I determine the gross amount of a bonus check to have a net amount of $1,000.00 after taking all appropriate taxes
How do I determine the gross amount of a bonus check to have a net amount of $1,000.00 after taking all appropriate taxes
There is actually a feature in Online Payroll that will calculate this for you. After you select the pay period and check date and click Continue, you can click Edit & Create (or Create Another Check) next to an employee's name, and there will be a button on the bottom left of this screen called Edit Net Pay, and you can click that and enter $1,000.00 there and it will do this calculation for you.
Thanks for posting the question, I hope this answers it for you. Please mark this as solved if it did! If not, please post more questions that I can answer for you.