Summary
If you make $80,934 a year living in the region of Minnesota, USA, you will be taxed $21,589. That means that your net pay will be $59,345 per year, or $4,945 per month. Your average tax rate is 26.7% and your marginal tax rate is 36.5%. 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 $36.45, hence, your net pay will only increase by $63.55.
Bonus Example
A $1,000 bonus will generate an extra $636 of net incomes. A $5,000 bonus will generate an extra $3,178 of net incomes.