Summary
If you make $21,840 a year living in the region of Wisconsin, USA, you will be taxed $3,158. That means that your net pay will be $18,682 per year, or $1,557 per month. Your average tax rate is 14.5% and your marginal tax rate is 23.6%. 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 $23.57, hence, your net pay will only increase by $76.43.
Bonus Example
A $1,000 bonus will generate an extra $764 of net incomes. A $5,000 bonus will generate an extra $3,822 of net incomes.