Summary
If you make $150,025 a year living in the region of Minnesota, USA, you will be taxed $48,110. That means that your net pay will be $101,915 per year, or $8,493 per month. Your average tax rate is 32.1% 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 $33.30, hence, your net pay will only increase by $66.70.
Bonus Example
A $1,000 bonus will generate an extra $667 of net incomes. A $5,000 bonus will generate an extra $3,335 of net incomes.