Summary
If you make $24,715 a year living in the region of New Jersey, USA, you will be taxed $3,669. That means that your net pay will be $21,046 per year, or $1,754 per month. Your average tax rate is 14.9% and your marginal tax rate is 21.1%. 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 $21.07, hence, your net pay will only increase by $78.93.
Bonus Example
A $1,000 bonus will generate an extra $789 of net incomes. A $5,000 bonus will generate an extra $3,947 of net incomes.