Summary
If you make $88,140 a year living in the region of Ohio, USA, you will be taxed $21,530. That means that your net pay will be $66,610 per year, or $5,551 per month. Your average tax rate is 24.4% and your marginal tax rate is 33.7%. 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 $33.65, hence, your net pay will only increase by $66.35.
Bonus Example
A $1,000 bonus will generate an extra $664 of net incomes. A $5,000 bonus will generate an extra $3,318 of net incomes.