Summary
If you make $40,345 a year living in the region of North Dakota, USA, you will be taxed $6,541. That means that your net pay will be $33,804 per year, or $2,817 per month. Your average tax rate is 16.2% and your marginal tax rate is 20.8%. 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 $20.75, hence, your net pay will only increase by $79.25.
Bonus Example
A $1,000 bonus will generate an extra $793 of net incomes. A $5,000 bonus will generate an extra $3,963 of net incomes.