Summary
If you make $24,950 a year living in the region of Kentucky, USA, you will be taxed $4,253. That means that your net pay will be $20,697 per year, or $1,725 per month. Your average tax rate is 17.1% and your marginal tax rate is 24.0%. 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 $24.01, hence, your net pay will only increase by $75.99.
Bonus Example
A $1,000 bonus will generate an extra $760 of net incomes. A $5,000 bonus will generate an extra $3,800 of net incomes.