Summary
If you make $29,973 a year living in the region of Arkansas, USA, you will be taxed $4,861. That means that your net pay will be $25,112 per year, or $2,093 per month. Your average tax rate is 16.2% and your marginal tax rate is 24.4%. 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 $24.42, hence, your net pay will only increase by $75.58.
Bonus Example
A $1,000 bonus will generate an extra $756 of net incomes. A $5,000 bonus will generate an extra $3,779 of net incomes.