Summary
If you make $62,402 a year living in the region of Ohio, USA, you will be taxed $12,956. That means that your net pay will be $49,446 per year, or $4,121 per month. Your average tax rate is 20.8% 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.