Summary
If you make $24,020 a year living in the region of Delaware, USA, you will be taxed $3,757. That means that your net pay will be $20,263 per year, or $1,689 per month. Your average tax rate is 15.6% and your marginal tax rate is 23.3%. 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 $23.30, hence, your net pay will only increase by $76.70.
Bonus Example
A $1,000 bonus will generate an extra $767 of net incomes. A $5,000 bonus will generate an extra $3,835 of net incomes.