Summary
If you make $54,988 a year living in the region of Maryland, USA, you will be taxed $11,571. That means that your net pay will be $43,417 per year, or $3,618 per month. Your average tax rate is 21.0% and your marginal tax rate is 33.3%. 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 $33.26, hence, your net pay will only increase by $66.74.
Bonus Example
A $1,000 bonus will generate an extra $667 of net incomes. A $5,000 bonus will generate an extra $3,337 of net incomes.