Summary
If you make $16,120 a year living in the region of Indiana, USA, you will be taxed $2,071. That means that your net pay will be $14,049 per year, or $1,171 per month. Your average tax rate is 12.9% and your marginal tax rate is 20.9%. 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 $20.88, hence, your net pay will only increase by $79.12.
Bonus Example
A $1,000 bonus will generate an extra $791 of net incomes. A $5,000 bonus will generate an extra $3,956 of net incomes.