Summary
If you make $24,980 a year living in the region of Connecticut, USA, you will be taxed $5,020. That means that your net pay will be $19,960 per year, or $1,663 per month. Your average tax rate is 20.1% and your marginal tax rate is 26.9%. 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 $26.88, hence, your net pay will only increase by $73.12.
Bonus Example
A $1,000 bonus will generate an extra $731 of net incomes. A $5,000 bonus will generate an extra $3,656 of net incomes.