Summary
If you make $20,675 a year living in the region of Arkansas, USA, you will be taxed $2,722. That means that your net pay will be $17,953 per year, or $1,496 per month. Your average tax rate is 13.2% and your marginal tax rate is 21.8%. 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 $21.76, hence, your net pay will only increase by $78.24.
Bonus Example
A $1,000 bonus will generate an extra $782 of net incomes. A $5,000 bonus will generate an extra $3,912 of net incomes.