[PLEASE HELP] Questions on filing exempt

[DeandreXI]

Our company did so well for the fiscal year of 2015, we have exceeded 135% of the corporate target which means one huge, fat bonus check is upon us.


Has anyone filed exempt on one paycheck? Are there any major repercussions? lol...I did my numbers and without tax, I should be taking home $12,500 on bonus. It's pretty tempting

[Phenom]

Our company did so well for the fiscal year of 2015, we have exceeded 135% of the corporate target which means one huge, fat bonus check is upon us.


Has anyone filed exempt on one paycheck? Are there any major repercussions? lol...I did my numbers and without tax, I should be taking home $12,500 on bonus. It's pretty tempting

Do you get a W2?

[Phenom]

Either way you should avoid discrepancies that just asking for an audit if you don't know what you're doing hire a tax accountant for a couple hundreds


Stay in your lane don't mess with IRS