what is the federal tax rate (on income that is)?

Question

i thought is was 28%, but my recently received bonus amount did not reflect 28%

Answer 1

The rate varies depending on your income, from 10% to 35%.

For bonuses they usually withhold a flat 25%. If your bracket is less than that, you'd get the overpayment back when you file your return - if you're bracket is higher, you'd owe the additional.

Answer 2

We have a graduated income tax, so it depends upon your income. The lowest rate is 10% and the highest is 35%.

Bonuses are withheld at a statutory rate of 25%, regardless of your marginal rate.