Summary
If you make $159,929 a year living in the region of Maryland, USA, you will be taxed $48,270. That means that your net pay will be $111,659 per year, or $9,305 per month. Your average tax rate is 30.2% and your marginal tax rate is 30.9%. 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 $30.91, hence, your net pay will only increase by $69.09.
Bonus Example
A $1,000 bonus will generate an extra $691 of net incomes. A $5,000 bonus will generate an extra $3,455 of net incomes.