Summary
If you make $49,940 a year living in the region of Texas, USA, you will be taxed $8,054. That means that your net pay will be $41,886 per year, or $3,491 per month. Your average tax rate is 16.1% and your marginal tax rate is 19.9%. 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 $19.87, hence, your net pay will only increase by $80.13.
Bonus Example
A $1,000 bonus will generate an extra $801 of net incomes. A $5,000 bonus will generate an extra $4,007 of net incomes.