Summary
If you make $29,944 a year living in the region of Ohio, USA, you will be taxed $4,723. That means that your net pay will be $25,221 per year, or $2,102 per month. Your average tax rate is 15.8% and your marginal tax rate is 22.7%. 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 $22.66, hence, your net pay will only increase by $77.34.
Bonus Example
A $1,000 bonus will generate an extra $773 of net incomes. A $5,000 bonus will generate an extra $3,867 of net incomes.