Summary
If you make $205,504 a year living in the region of New York, USA, you will be taxed $67,611. That means that your net pay will be $137,893 per year, or $11,491 per month. Your average tax rate is 32.9% and your marginal tax rate is 45.0%. 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 $44.99, hence, your net pay will only increase by $55.01.
Bonus Example
A $1,000 bonus will generate an extra $550 of net incomes. A $5,000 bonus will generate an extra $2,751 of net incomes.