Summary
If you make $42,198 a year living in the region of Nebraska, USA, you will be taxed $8,382. That means that your net pay will be $33,816 per year, or $2,818 per month. Your average tax rate is 19.9% and your marginal tax rate is 26.2%. 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 $26.24, hence, your net pay will only increase by $73.76.
Bonus Example
A $1,000 bonus will generate an extra $738 of net incomes. A $5,000 bonus will generate an extra $3,688 of net incomes.