Summary
If you make $688,476 a year living in the region of Washington DC, USA, you will be taxed $294,159. That means that your net pay will be $394,317 per year, or $32,860 per month. Your average tax rate is 42.7% and your marginal tax rate is 48.1%. 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 $48.10, hence, your net pay will only increase by $51.90.
Bonus Example
A $1,000 bonus will generate an extra $519 of net incomes. A $5,000 bonus will generate an extra $2,595 of net incomes.