Summary
If you make $88,498 a year living in the region of South Dakota, USA, you will be taxed $19,008. That means that your net pay will be $69,490 per year, or $5,791 per month. Your average tax rate is 21.5% and your marginal tax rate is 29.7%. 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 $29.65, hence, your net pay will only increase by $70.35.
Bonus Example
A $1,000 bonus will generate an extra $704 of net incomes. A $5,000 bonus will generate an extra $3,518 of net incomes.