Summary
If you make $1,980 a year living in the region of Kentucky, USA, you will be taxed $151. That means that your net pay will be $1,829 per year, or $152 per month. Your average tax rate is 7.7% and your marginal tax rate is 8.6%. 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 $8.57, hence, your net pay will only increase by $91.43.
Bonus Example
A $1,000 bonus will generate an extra $914 of net incomes. A $5,000 bonus will generate an extra $4,572 of net incomes.