| “I Received a sign on Bonus from future employer who is out of state I currently live. How do I file/handle this? I have done no work for them as of yet”---->Your bonus is taxable income; your employer can pay you the bonus after receiving W-4 from you, then he normally withholds all appropriate FICA Taxes, state and federal taxes from the bonus. Then you pay tax on your income on your state return as either part year or non-resident of the state and on your home state return you can claim your state tax paid to the state. If he gives you the bonus with no taxes deducted. At the end of the year, you will get a 1099-MISC from the company that shows the amount of the bonus. You will have to include that amount on your tax returns and your tax liability will increase. If the amount that you've had deducted from your paychecks isn't enough to cover the entire tax liability, you will have to send the IRS payment in full for the federal taxes. I guess you should put 20 to 25% of it in savings or investments so that the funds are available next April to pay the taxes.
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