Bonus Tax Rate Calculator

Calculate Bonus Tax Rate (BTR)

Formula

The formula to calculate the Bonus Tax Rate (BTR) is:

\[ \text{BTR} = \text{B} \times 0.22 \]

Where:

What is Bonus Tax Rate?

The Bonus Tax Rate is the amount of tax owed on a bonus, calculated by multiplying the total amount of bonus earned by 0.22 (or 22%).

Example Calculation

Let's assume the following value:

Using the formula to calculate the Bonus Tax Rate:

\[ \text{BTR} = 5000 \times 0.22 = 1100 \text{ dollars} \]

The Bonus Tax Rate is $1,100.