Summary
If you make $50,860 a year living in the region of New York, USA, you will be taxed $10,860. That means that your net pay will be $40,000 per year, or $3,333 per month. Your average tax rate is 21.4% and your marginal tax rate is 26.6%. 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 $26.57, hence, your net pay will only increase by $73.43.
Bonus Example
A $1,000 bonus will generate an extra $734 of net incomes. A $5,000 bonus will generate an extra $3,672 of net incomes.