Do Enlistment Bonuses Get Taxed?
Here's the key to the whole thing: bonuses are taxed like regular income. There are taxes withheld on bonuses like there are taxes withheld on regular pay.
Do you get taxes back from military bonus?
Re-enlistment bonuses are taxed like regular income and are typically added in with your regular wages and reported on the same W-2.
How do I report an military re-enlistement bonus?
How much do military bonuses get taxed?
You will also have taxes automatically withheld from your bonus, generally at the 25% or 28% rate. This is automatically done by the government, and not something you can change.
Enlistment and Reenlistment Bonus Guide - The Military Wallet