Summary
If you make $29,949 a year living in the region of Wisconsin, USA, you will be taxed $5,133. That means that your net pay will be $24,816 per year, or $2,068 per month. Your average tax rate is 17.1% and your marginal tax rate is 25.2%. 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 $25.17, hence, your net pay will only increase by $74.83.
Bonus Example
A $1,000 bonus will generate an extra $748 of net incomes. A $5,000 bonus will generate an extra $3,742 of net incomes.