If you make $55,000 a year living in the region of New York, USA, you will be taxed $12,213. That means that your net pay will be $42,787 per year, or $3,566 per month. Your average tax rate is 22.2% and your marginal tax rate is 36.1%. 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 $36.13, hence, your net pay will only increase by $63.87.
A $1,000 bonus will generate an extra $639 of net incomes. A $5,000 bonus will generate an extra $3,194 of net incomes.