Summary
If you make $49,955 a year living in the region of Ohio, USA, you will be taxed $9,306. That means that your net pay will be $40,649 per year, or $3,387 per month. Your average tax rate is 18.6% and your marginal tax rate is 23.5%. 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 $23.46, hence, your net pay will only increase by $76.54.
Bonus Example
A $1,000 bonus will generate an extra $765 of net incomes. A $5,000 bonus will generate an extra $3,827 of net incomes.