Summary
If you make $58,992 a year living in the region of New Jersey, USA, you will be taxed $11,736. That means that your net pay will be $47,256 per year, or $3,938 per month. Your average tax rate is 19.9% and your marginal tax rate is 32.6%. 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 $32.63, hence, your net pay will only increase by $67.37.
Bonus Example
A $1,000 bonus will generate an extra $674 of net incomes. A $5,000 bonus will generate an extra $3,369 of net incomes.