Summary
If you make $50,018 a year living in the region of Ohio, USA, you will be taxed $9,321. That means that your net pay will be $40,697 per year, or $3,391 per month. Your average tax rate is 18.6% and your marginal tax rate is 23.7%. 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 $23.70, hence, your net pay will only increase by $76.30.
Bonus Example
A $1,000 bonus will generate an extra $763 of net incomes. A $5,000 bonus will generate an extra $3,815 of net incomes.