Summary
If you make $240,108 a year living in the region of North Dakota, USA, you will be taxed $71,535. That means that your net pay will be $168,573 per year, or $14,048 per month. Your average tax rate is 29.8% and your marginal tax rate is 39.1%. 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 $39.06, hence, your net pay will only increase by $60.94.
Bonus Example
A $1,000 bonus will generate an extra $609 of net incomes. A $5,000 bonus will generate an extra $3,047 of net incomes.