Summary
If you make $40,499 a year living in the region of New York, USA, you will be taxed $8,160. That means that your net pay will be $32,339 per year, or $2,695 per month. Your average tax rate is 20.2% and your marginal tax rate is 26.0%. 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 $26.02, hence, your net pay will only increase by $73.98.
Bonus Example
A $1,000 bonus will generate an extra $740 of net incomes. A $5,000 bonus will generate an extra $3,699 of net incomes.