Summary
If you make $24,918 a year living in the region of Kentucky, USA, you will be taxed $4,245. That means that your net pay will be $20,673 per year, or $1,723 per month. Your average tax rate is 17.0% and your marginal tax rate is 23.6%. 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 $23.60, hence, your net pay will only increase by $76.40.
Bonus Example
A $1,000 bonus will generate an extra $764 of net incomes. A $5,000 bonus will generate an extra $3,820 of net incomes.