Summary
If you make $24,980 a year living in the region of Arkansas, USA, you will be taxed $3,659. That means that your net pay will be $21,321 per year, or $1,777 per month. Your average tax rate is 14.7% and your marginal tax rate is 23.6%. 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 $23.62, hence, your net pay will only increase by $76.38.
Bonus Example
A $1,000 bonus will generate an extra $764 of net incomes. A $5,000 bonus will generate an extra $3,819 of net incomes.