Summary
If you make $95,696 a year living in the region of Iowa, USA, you will be taxed $25,846. That means that your net pay will be $69,850 per year, or $5,821 per month. Your average tax rate is 27.0% and your marginal tax rate is 36.3%. 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 $36.31, hence, your net pay will only increase by $63.69.
Bonus Example
A $1,000 bonus will generate an extra $637 of net incomes. A $5,000 bonus will generate an extra $3,185 of net incomes.