Summary
If you make $109,949 a year living in the region of Minnesota, USA, you will be taxed $32,468. That means that your net pay will be $77,481 per year, or $6,457 per month. Your average tax rate is 29.5% and your marginal tax rate is 39.3%. 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 $39.30, hence, your net pay will only increase by $60.70.
Bonus Example
A $1,000 bonus will generate an extra $607 of net incomes. A $5,000 bonus will generate an extra $3,035 of net incomes.