Summary
If you make $115,308 a year living in the region of Ohio, USA, you will be taxed $31,092. That means that your net pay will be $84,216 per year, or $7,018 per month. Your average tax rate is 27.0% and your marginal tax rate is 36.7%. 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 $36.65, hence, your net pay will only increase by $63.35.
Bonus Example
A $1,000 bonus will generate an extra $634 of net incomes. A $5,000 bonus will generate an extra $3,168 of net incomes.