Is My Million Dollar Bonus Taxable?

"Sign it," he said. Three years of marriage ended with a line and a pen that trembled in her hand. It wasn't the papers that hurt—it was the way he didn't even flinch when she did. Amelia Hart walked out of his penthouse that night with nothing but a suitcase and a broken heartbeat. She'd given Daniel Sterling everything—her love, her identity, her silent devotion—only to be discarded the moment she became inconvenient. But when the empire he built begins to fall, when the cold CEO who never looked back suddenly needs the woman he threw away, he returns with the same hands that once let her go, now reaching for what he destroyed. Only this time, there's a clause he didn't read…

"You guys know what the situation is like in this industry this year. I need to cut our end-of-the-year bonus by half in order to overcome this difficult period." My boss, Peter Hurley, claims that things are difficult in the industry right now, yet his wrist still showcases the luxury watch that he's just bought. My 20,000-dollar bonus is reduced to 700 dollars. In addition, I also received a plaque that says "Award for Outstanding Contribution". "This plaque is worth a lot, Soren. It represents the acknowledgement this company has for you. Don't be so petty when it comes to money." As I stare at the plaque in my hand, I can't help but scoff furiously. "Fine. I won't be that petty when it comes to money. I hope you won't be that petty either when you're paying next month's rent." Peter is stunned momentarily. "What do you mean by that?" I toss the plaque into the trash can. "What I mean is, I'm the landlord of this building. From next month onward, the rent will be increased ten times. If you refuse to accept the new rent, you can pack up and scram."

As the year ended and payday finally arrived, my salary still hadn't hit my bank account. I headed straight to the finance department to sort it out, but Sarah Thompson dismissed me impatiently. "You picked up those coupons last week, didn't you? The ones for "Spend 2,000, save 1,000". You got ten of them, adding up to $10,000. Your salary is $8,000, and that extra $2,000 is a perk." I stared at her, stunned. No one had said a word about this when the coupons were handed out. Worse, they could only be redeemed at our boss's supermarket, where commodities were ridiculously marked up. Items that cost $19.99 at a regular supermarket went for $49.99 there, more than double the price. It dawned on me that the boss was just shuffling money from one pocket to another, which meant I had been basically working for free. I shoved the coupons back at her. "I don't want these. Just deposit the cash into my bank account." Michael Wright walked over with a frown. "What's all the yelling? We gave you an extra $2,000, and you are not even grateful? You're stirring up trouble for nothing. You'd spend your salary on stuff anyway. We're just making it convenient." My voice rose, shaking with fury. "What you're doing is illegal!" He laughed, cold and scornful. "Then sue me. I manage things here. You think I'd be scared by a minor employee like you?" Right then, my phone buzzed with a text notification: [Lisa Matthews, congratulations on securing the Enforcement Officer position at the tax bureau.]

I head over to my boyfriend, Skylar Reynold's house during the holidays to pay his family a visit. Skylar's mother, Helen Benett, smiles and says to me in front of everyone, "According to our rules, a future daughter-in-law must give cash gifts to all the children and elderly people in the family in her first year here. You must give every person at least 200 dollars to show how generous you are." I'm stunned, to say the least. Skylar nudges me before murmuring, "It's just a few thousand dollars, isn't it? Doesn't the holiday bonus that you've received before the holidays cover everything?" I look at the living room, where 15 children and 8 elderly people are present. That makes it 4,600 dollars—the same figure that I've received after the taxes are deducted from the bonus. I let out a soft chuckle at that moment. Then, I turn to look at Helen. "According to your rules, Mrs. Reynold, I shall be the one giving away the cash gifts. But according to my family's rules, the groom's family has to give the bride's family cash gifts as well. The cash gifts must be doubled so that our marriage will be graced by luck. "It'll be 9,200 dollars altogether. Would you like to pay me in cash, or are you going to transfer it into my account?"

At the company’s year-end party, management tried to cut costs by using junk as raffle items. The prize box was filled with bottle caps, instant noodle wrappers, toothpaste boxes, and other trash. Everyone was only allowed to pick one item and scan the QR code on it. Whether you won anything depended entirely on luck. I casually picked up a bottle cap and unexpectedly won a car worth 500,000 dollars. As soon as the vice president found out, he rejected my win and demanded that I hand over the prize. “The company spent 20 dollars to get these raffle items from a recycler. Any prizes won have to be recorded in the books as company assets. They belong to the company.” My boss reprimanded me as well, “Have you lost your mind because you’ve been poor? Do you think you could have won without the company? You don’t know how to be grateful, and now, you’re trying to take company property. Stop causing a scene!” I did not argue and calmly handed over the bottle cap. Then, I turned around and called one of our clients. My boss had forgotten one thing: I was the company’s top salesperson. If he insisted on crossing me, I would make him lose five million.

I won the first prize at the Christmas party, which came with a bonus of $3,000. My boss generously doubled the rewards, and I eventually got $6,000. But my best friend and my boss started egging me on to treat everyone. In fact, they were just getting me to cover the company’s Christmas party. If I did not agree, my best friend wanted to cut off ties with me, and my boss wanted to fire me. Due to the pressure, I had to foot the bill, and I even ended up paying an extra $50,000 out of my own pocket. After I paid the bill, they abandoned me, who was drunk, and I just froze to death on the side of the road. When I opened my eyes again, I found myself back to the day when the Christmas party was held.