Summary
If you make $49,988 a year living in the region of Ohio, USA, you will be taxed $9,314. That means that your net pay will be $40,674 per year, or $3,390 per month. Your average tax rate is 18.6% and your marginal tax rate is 23.6%. 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 $23.64, hence, your net pay will only increase by $76.36.
Bonus Example
A $1,000 bonus will generate an extra $764 of net incomes. A $5,000 bonus will generate an extra $3,818 of net incomes.