Summary
If you make $79,924 a year living in the region of Ohio, USA, you will be taxed $18,765. That means that your net pay will be $61,159 per year, or $5,097 per month. Your average tax rate is 23.5% and your marginal tax rate is 33.3%. 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 $33.28, hence, your net pay will only increase by $66.72.
Bonus Example
A $1,000 bonus will generate an extra $667 of net incomes. A $5,000 bonus will generate an extra $3,336 of net incomes.