If you make $55,000 a year living in the region of Hawaii, USA, you will be taxed $13,337. That means that your net pay will be $41,663 per year, or $3,472 per month. Your average tax rate is 24.3% and your marginal tax rate is 37.8%. 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 $37.79, hence, your net pay will only increase by $62.21.
A $1,000 bonus will generate an extra $622 of net incomes. A $5,000 bonus will generate an extra $3,111 of net incomes.