Summary
If you make $49,923 a year living in the region of Texas, USA, you will be taxed $8,050. That means that your net pay will be $41,873 per year, or $3,489 per month. Your average tax rate is 16.1% and your marginal tax rate is 19.8%. 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 $19.78, hence, your net pay will only increase by $80.22.
Bonus Example
A $1,000 bonus will generate an extra $802 of net incomes. A $5,000 bonus will generate an extra $4,011 of net incomes.