Summary
If you make $197,995 a year living in the region of Arizona, USA, you will be taxed $56,777. That means that your net pay will be $141,218 per year, or $11,768 per month. Your average tax rate is 28.7% and your marginal tax rate is 36.2%. 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 $36.15, hence, your net pay will only increase by $63.85.
Bonus Example
A $1,000 bonus will generate an extra $639 of net incomes. A $5,000 bonus will generate an extra $3,193 of net incomes.