Summary
If you make $19,802 a year living in the region of Iowa, USA, you will be taxed $2,725. That means that your net pay will be $17,077 per year, or $1,423 per month. Your average tax rate is 13.8% and your marginal tax rate is 22.7%. 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 $22.72, hence, your net pay will only increase by $77.28.
Bonus Example
A $1,000 bonus will generate an extra $773 of net incomes. A $5,000 bonus will generate an extra $3,864 of net incomes.