Summary
If you make $19,906 a year living in the region of Colorado, USA, you will be taxed $2,942. That means that your net pay will be $16,964 per year, or $1,414 per month. Your average tax rate is 14.8% 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 $22.20, hence, your net pay will only increase by $77.80.
Bonus Example
A $1,000 bonus will generate an extra $778 of net incomes. A $5,000 bonus will generate an extra $3,890 of net incomes.