Summary
If you make $54,961 a year living in the region of Texas, USA, you will be taxed $9,068. That means that your net pay will be $45,893 per year, or $3,824 per month. Your average tax rate is 16.5% and your marginal tax rate is 26.0%. 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 $25.97, hence, your net pay will only increase by $74.03.
Bonus Example
A $1,000 bonus will generate an extra $740 of net incomes. A $5,000 bonus will generate an extra $3,702 of net incomes.