Summary
If you make $49,968 a year living in the region of Virginia, USA, you will be taxed $10,215. That means that your net pay will be $39,753 per year, or $3,313 per month. Your average tax rate is 20.4% 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 $25.78, hence, your net pay will only increase by $74.22.
Bonus Example
A $1,000 bonus will generate an extra $742 of net incomes. A $5,000 bonus will generate an extra $3,711 of net incomes.