Summary
If you make $88,860 a year living in the region of Rhode Island, USA, you will be taxed $23,550. That means that your net pay will be $65,310 per year, or $5,442 per month. Your average tax rate is 26.5% and your marginal tax rate is 34.4%. 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 $34.40, hence, your net pay will only increase by $65.60.
Bonus Example
A $1,000 bonus will generate an extra $656 of net incomes. A $5,000 bonus will generate an extra $3,280 of net incomes.