Summary
If you make $18,803 a year living in the region of Colorado, USA, you will be taxed $2,698. That means that your net pay will be $16,105 per year, or $1,342 per month. Your average tax rate is 14.4% and your marginal tax rate is 22.3%. 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 $22.25, hence, your net pay will only increase by $77.75.
Bonus Example
A $1,000 bonus will generate an extra $778 of net incomes. A $5,000 bonus will generate an extra $3,888 of net incomes.