How to calculate the year-end bonus as a tax?
Personal income tax is declared separately for wages and year-end bonus. When you get a one-time year-end bonus with a monthly salary of 65438+February, the year-end bonus should be taxed according to the monthly salary and the quick deduction, as follows:
1. When the monthly salary of the year-end bonus is higher than 3,500 yuan, the year-end bonus tax deduction method is: year-end bonus multiplied by tax deduction, and the tax rate is year-end bonus/12, and the corresponding tax rate is "taxable income".
2. When the monthly salary is less than 3,500 yuan, the year-end bonus personal income tax = (year-end bonus-(3,500-month salary)) is deducted at the tax rate, and the tax rate is divided by 12 as the corresponding tax rate of "taxable income".
It is not a one-time bonus, but should be merged into the salary of the current month and calculated according to the salary.
Legal basis:
Calculation of taxable income in Article 6 of the Individual Income Tax Law of People's Republic of China (PRC);
(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.
(2) For the income from wages and salaries of non-resident individuals, the taxable income shall be the balance of monthly income after deducting expenses of 5,000 yuan; Income from remuneration for labor services, remuneration for manuscripts and royalties shall be taxed.
(3) For operating income, the taxable income shall be the balance of the total income in each tax year after deducting costs, expenses and losses.
(four) if the income from property leasing does not exceed 4,000 yuan each time, the 800 yuan shall be deducted; If it exceeds 4,000 yuan, 20% of the expenses will be deducted, and the balance will be taxable income.
(5) For the income from property transfer, the taxable income shall be the balance after deducting the original value of the property and reasonable expenses from the income from property transfer.
(6) Interest, dividends, bonus income and contingent income shall be limited to the taxable income each time.
Income from remuneration for labor services, remuneration for manuscripts and royalties shall be the balance after deducting expenses. The amount of remuneration should be reduced by 70%. Individuals donate their income to public welfare charities such as education, poverty alleviation and poverty alleviation, and the part of the donation that does not exceed 30% of the taxable income declared by taxpayers can be deducted from their taxable income; If the State Council stipulates that donations to charity should be fully deducted before tax, such provisions shall prevail. The special deduction specified in item 1 of the first paragraph of this article includes social insurance premiums such as basic old-age insurance, basic medical insurance, unemployment insurance and housing accumulation fund paid by individual residents in accordance with the scope and standards prescribed by the state; Special additional deductions include children's education, continuing education, medical treatment for serious illness, housing loan interest or housing rent, support for the elderly and other expenses. The specific scope, standards and implementation steps are determined by the State Council and reported to the NPC Standing Committee for the record.