Summary
If you make $49,992 a year living in the region of Maryland, USA, you will be taxed $10,325. That means that your net pay will be $39,667 per year, or $3,306 per month. Your average tax rate is 20.7% and your marginal tax rate is 24.9%. 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 $24.90, hence, your net pay will only increase by $75.10.
Bonus Example
A $1,000 bonus will generate an extra $751 of net incomes. A $5,000 bonus will generate an extra $3,755 of net incomes.