Summary
If you make $63,500 a year living in the region of Michigan, USA, you will be taxed $14,295. That means that your net pay will be $49,206 per year, or $4,100 per month. Your average tax rate is 22.5% and your marginal tax rate is 33.9%. 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 $33.90, hence, your net pay will only increase by $66.10.
Bonus Example
A $1,000 bonus will generate an extra $661 of net incomes. A $5,000 bonus will generate an extra $3,305 of net incomes.