Summary
If you make $18,974 a year living in the region of Colorado, USA, you will be taxed $2,736. That means that your net pay will be $16,238 per year, or $1,353 per month. Your average tax rate is 14.4% and your marginal tax rate is 22.2%. 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 $22.17, hence, your net pay will only increase by $77.83.
Bonus Example
A $1,000 bonus will generate an extra $778 of net incomes. A $5,000 bonus will generate an extra $3,892 of net incomes.