Summary
If you make $37,198 a year living in the region of Minnesota, USA, you will be taxed $7,400. That means that your net pay will be $29,798 per year, or $2,483 per month. Your average tax rate is 19.9% and your marginal tax rate is 26.5%. 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 $26.45, hence, your net pay will only increase by $73.55.
Bonus Example
A $1,000 bonus will generate an extra $736 of net incomes. A $5,000 bonus will generate an extra $3,678 of net incomes.