Wish I would have gotten that commission. Sounds like a cool company.

Sign up, and you'll be able to ignore users whose posts you don't want to see. Sign up

Report problem with this ad

Jan 25, 2023
12:36:16pm

Blue for Life All-American

Wish I would have gotten that commission. Sounds like a cool company.

Report problem with this ad

Blue for Life

Bio page: Blue for Life
Joined: Nov 27, 2006
Last login: Jun 16, 2024
Total posts: 16,488 (653 FO)

Report problem with this ad

Messages

Author

Time

Has anyone gotten a large sales commission before? Any tax advice?

4slyce

1/25/23 11:40am

There is no special tax on a large commission. If you are asking about the withholding, work with them to figure

Baron

1/25/23 11:42am

Have your company pay it out as part of payroll

BigTex

1/25/23 11:43am

It doesn’t matter in the long run. But you can change withholding

Nat Gas Man

1/25/23 11:44am

All the time...

ordinary tri guy

1/25/23 11:46am

You will quickly discover what a progressive tax system means

Nat Gas Man

1/25/23 11:51am

What do you mean by large?

IdahoCoug

1/25/23 11:53am

Not the OP but just reminded me of it. My company sells B2B payment products, and has 4 different sales teams. One does

1/25/23 12:04pm

Wish I would have gotten that commission. Sounds like a cool company.

1/25/23 12:36pm

Yeah, I'd consider that in the large category.

IdahoCoug

1/25/23 1:39pm

When the large commission check is paid, I have my company temporarily change...

Bexell_Hall

1/25/23 12:15pm

Most companies take out 25% of commissions as that is what the IRS recommends.

1/25/23 12:34pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad