Summary
If you make $19,992 a year living in the region of Illinois, USA, you will be taxed $3,223. That means that your net pay will be $16,769 per year, or $1,397 per month. Your average tax rate is 16.1% and your marginal tax rate is 23.3%. 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 $23.26, hence, your net pay will only increase by $76.74.
Bonus Example
A $1,000 bonus will generate an extra $767 of net incomes. A $5,000 bonus will generate an extra $3,837 of net incomes.