Summary
If you make $54,930 a year living in the region of Texas, USA, you will be taxed $9,061. That means that your net pay will be $45,869 per year, or $3,822 per month. Your average tax rate is 16.5% and your marginal tax rate is 23.0%. 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 $23.04, hence, your net pay will only increase by $76.96.
Bonus Example
A $1,000 bonus will generate an extra $770 of net incomes. A $5,000 bonus will generate an extra $3,848 of net incomes.