<prompt> Human: I recently got a full time job and I noticed my tax is about 17 of my income. I also just got my first bonus of 700 and they taxed off about 250 from it. A lot of people were telling me to file tax exempt form every bonus we have quarterly bonuses but my Dad told me that let them take the tax and wait for the return. He said be patient. My Mom also doesnt file tax exempt and says you can either have your money now or later. I dont know how any of it works. What is tax exemption, should I not being paying taxes? Why is it they take more out of my bonus then they do out of my normal check, my bonus is a reward and I feel like I should have more access to it. No one taught me this stuff in school  <response>: welcome the adulthood, the more money you make, the more the government takes. Your dad is correct though, you will get back a decent chunk of the federal taxes you paid throughout the year during tax season. beginning of the calendar year 