Core Points - The article discusses the tax implications of annual bonuses and the methods for calculating tax liabilities for individual taxpayers [3][6] - It provides examples comparing the combined tax calculation method versus the separate tax calculation method for annual bonuses [3][6] Tax Calculation Methods - Taxpayers can choose between combined taxation and separate taxation for annual bonuses, with only one method allowed per tax year [3] - The separate taxation method involves dividing the annual bonus by 12 to determine the monthly taxable amount, which is then taxed at the applicable monthly tax rate [3][6] Example Calculations - In the first example, an individual with an annual salary of 200,000 yuan and a bonus of 24,000 yuan finds that separate taxation results in a lower total tax liability of 7,800 yuan compared to 9,480 yuan under combined taxation [3] - In the second example, an individual with a salary of 120,000 yuan and a bonus of 60,000 yuan also benefits from separate taxation, resulting in a total tax of 5,480 yuan [3] Tax Rate Tables - The article includes tax rate tables for both monthly and annual taxable income, detailing the applicable rates and quick deduction amounts for different income brackets [5][6]