Summary
If you make $695,500 a year living in the region of California, USA, you will be taxed $316,481. That means that your net pay will be $379,019 per year, or $31,585 per month. Your average tax rate is 45.5% and your marginal tax rate is 52.5%. 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 $52.54, hence, your net pay will only increase by $47.46.
Bonus Example
A $1,000 bonus will generate an extra $475 of net incomes. A $5,000 bonus will generate an extra $2,373 of net incomes.