Summary
If you make $54,924 a year living in the region of South Dakota, USA, you will be taxed $9,060. That means that your net pay will be $45,864 per year, or $3,822 per month. Your average tax rate is 16.5% and your marginal tax rate is 22.5%. 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 $22.47, hence, your net pay will only increase by $77.53.
Bonus Example
A $1,000 bonus will generate an extra $775 of net incomes. A $5,000 bonus will generate an extra $3,877 of net incomes.