Summary
If you make $888,000 a year living in the region of Oregon, USA, you will be taxed $401,787. That means that your net pay will be $486,213 per year, or $40,518 per month. Your average tax rate is 45.3% and your marginal tax rate is 49.4%. 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 $49.35, hence, your net pay will only increase by $50.65.
Bonus Example
A $1,000 bonus will generate an extra $507 of net incomes. A $5,000 bonus will generate an extra $2,533 of net incomes.