Summary
If you make $110,480 a year living in the region of New York, USA, you will be taxed $32,124. That means that your net pay will be $78,356 per year, or $6,530 per month. Your average tax rate is 29.1% and your marginal tax rate is 39.2%. 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 $39.22, hence, your net pay will only increase by $60.78.
Bonus Example
A $1,000 bonus will generate an extra $608 of net incomes. A $5,000 bonus will generate an extra $3,039 of net incomes.