Summary
If you make $199,940 a year living in the region of New York, USA, you will be taxed $65,110. That means that your net pay will be $134,830 per year, or $11,236 per month. Your average tax rate is 32.6% and your marginal tax rate is 42.1%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $42.12, hence, your net pay will only increase by $57.88.
Bonus Example
A $1,000 bonus will generate an extra $579 of net incomes. A $5,000 bonus will generate an extra $2,894 of net incomes.