Summary
If you make $68,962 a year living in the region of New Jersey, USA, you will be taxed $14,989. That means that your net pay will be $53,973 per year, or $4,498 per month. Your average tax rate is 21.7% 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.