Summary
If you make $6,968 a year living in the region of New York, USA, you will be taxed $600. That means that your net pay will be $6,368 per year, or $531 per month. Your average tax rate is 8.6% and your marginal tax rate is 9.8%. 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 $9.83, hence, your net pay will only increase by $90.17.
Bonus Example
A $1,000 bonus will generate an extra $902 of net incomes. A $5,000 bonus will generate an extra $4,509 of net incomes.