Summary
If you make $74,958 a year living in the region of Wisconsin, USA, you will be taxed $18,658. That means that your net pay will be $56,300 per year, or $4,692 per month. Your average tax rate is 24.9% and your marginal tax rate is 35.1%. 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 $35.14, hence, your net pay will only increase by $64.86.
Bonus Example
A $1,000 bonus will generate an extra $649 of net incomes. A $5,000 bonus will generate an extra $3,243 of net incomes.