Summary
If you make $12,022 a year living in the region of Vermont, USA, you will be taxed $1,214. That means that your net pay will be $10,808 per year, or $901 per month. Your average tax rate is 10.1% and your marginal tax rate is 11.5%. 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 $11.50, hence, your net pay will only increase by $88.50.
Bonus Example
A $1,000 bonus will generate an extra $885 of net incomes. A $5,000 bonus will generate an extra $4,425 of net incomes.