Summary
If you make $67,007 a year living in the region of Iowa, USA, you will be taxed $15,662. That means that your net pay will be $51,345 per year, or $4,279 per month. Your average tax rate is 23.4% and your marginal tax rate is 35.5%. 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 $35.45, hence, your net pay will only increase by $64.55.
Bonus Example
A $1,000 bonus will generate an extra $646 of net incomes. A $5,000 bonus will generate an extra $3,228 of net incomes.