Summary
If you make $29,432 a year living in the region of Utah, USA, you will be taxed $5,343. That means that your net pay will be $24,089 per year, or $2,007 per month. Your average tax rate is 18.2% and your marginal tax rate is 25.8%. 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 $25.80, hence, your net pay will only increase by $74.20.
Bonus Example
A $1,000 bonus will generate an extra $742 of net incomes. A $5,000 bonus will generate an extra $3,710 of net incomes.