Summary
If you make $21,974 a year living in the region of Vermont, USA, you will be taxed $3,225. That means that your net pay will be $18,749 per year, or $1,562 per month. Your average tax rate is 14.7% and your marginal tax rate is 21.7%. 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 $21.71, hence, your net pay will only increase by $78.29.
Bonus Example
A $1,000 bonus will generate an extra $783 of net incomes. A $5,000 bonus will generate an extra $3,915 of net incomes.