Summary
If you make $48,720 a year living in the region of Vermont, USA, you will be taxed $9,448. That means that your net pay will be $39,272 per year, or $3,273 per month. Your average tax rate is 19.4% 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 $25.99, hence, your net pay will only increase by $74.01.
Bonus Example
A $1,000 bonus will generate an extra $740 of net incomes. A $5,000 bonus will generate an extra $3,701 of net incomes.