Summary
If you make $54,980 a year living in the region of Missouri, USA, you will be taxed $11,114. That means that your net pay will be $43,866 per year, or $3,655 per month. Your average tax rate is 20.2% and your marginal tax rate is 33.1%. 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 $33.06, hence, your net pay will only increase by $66.94.
Bonus Example
A $1,000 bonus will generate an extra $669 of net incomes. A $5,000 bonus will generate an extra $3,347 of net incomes.