Summary
If you make $11,960 a year living in the region of Minnesota, USA, you will be taxed $1,341. That means that your net pay will be $10,619 per year, or $885 per month. Your average tax rate is 11.2% and your marginal tax rate is 13.3%. 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 $13.31, hence, your net pay will only increase by $86.69.
Bonus Example
A $1,000 bonus will generate an extra $867 of net incomes. A $5,000 bonus will generate an extra $4,335 of net incomes.