Summary
If you make $58,420 a year living in the region of Ohio, USA, you will be taxed $11,636. That means that your net pay will be $46,784 per year, or $3,899 per month. Your average tax rate is 19.9% and your marginal tax rate is 33.2%. 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 $33.15, hence, your net pay will only increase by $66.85.
Bonus Example
A $1,000 bonus will generate an extra $669 of net incomes. A $5,000 bonus will generate an extra $3,343 of net incomes.