Summary
If you make $74,037 a year living in the region of Indiana, USA, you will be taxed $17,111. That means that your net pay will be $56,926 per year, or $4,744 per month. Your average tax rate is 23.1% and your marginal tax rate is 32.9%. 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 $32.88, hence, your net pay will only increase by $67.12.
Bonus Example
A $1,000 bonus will generate an extra $671 of net incomes. A $5,000 bonus will generate an extra $3,356 of net incomes.