Summary
If you make $19,942 a year living in the region of New Jersey, USA, you will be taxed $2,664. That means that your net pay will be $17,278 per year, or $1,440 per month. Your average tax rate is 13.4% and your marginal tax rate is 20.4%. 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 $20.37, hence, your net pay will only increase by $79.63.
Bonus Example
A $1,000 bonus will generate an extra $796 of net incomes. A $5,000 bonus will generate an extra $3,982 of net incomes.