Summary
If you make $49,985 a year living in the region of Kentucky, USA, you will be taxed $10,423. That means that your net pay will be $39,562 per year, or $3,297 per month. Your average tax rate is 20.9% and your marginal tax rate is 25.1%. 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 $25.12, hence, your net pay will only increase by $74.88.
Bonus Example
A $1,000 bonus will generate an extra $749 of net incomes. A $5,000 bonus will generate an extra $3,744 of net incomes.