Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$14,748
Federal Income Tax
- $180
State Income Tax
- $681
Social Security
- $914
Medicare
- $214
FLI (Family Leave Insurance)
- $50.73
Total tax
- $2,040
Net pay
* $12,708
Marginal tax rate
22.6%
Average tax rate
13.8%
86.2%
Net pay
13.8%
Total tax
Total tax
Net pay
Summary
If you make $14,748 a year living in the region of Massachusetts, USA, you will be taxed $2,040. That means that your net pay will be $12,708 per year, or $1,059 per month. Your average tax rate is 13.8% and your marginal tax rate is 22.6%. 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 $22.61, hence, your net pay will only increase by $77.39.
Bonus Example
A $1,000 bonus will generate an extra $774 of net incomes. A $5,000 bonus will generate an extra $3,870 of net incomes.
NOTE* Withholding is calculated based on the Massachusetts tables of USA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.