Summary
If you make $24,981 a year living in the region of Tennessee, USA, you will be taxed $3,150. That means that your net pay will be $21,831 per year, or $1,819 per month. Your average tax rate is 12.6% and your marginal tax rate is 19.4%. 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 $19.41, hence, your net pay will only increase by $80.59.
Bonus Example
A $1,000 bonus will generate an extra $806 of net incomes. A $5,000 bonus will generate an extra $4,030 of net incomes.