Summary
If you make $139,985 a year living in the region of New Jersey, USA, you will be taxed $41,083. That means that your net pay will be $98,902 per year, or $8,242 per month. Your average tax rate is 29.4% and your marginal tax rate is 36.4%. 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 $36.44, hence, your net pay will only increase by $63.56.
Bonus Example
A $1,000 bonus will generate an extra $636 of net incomes. A $5,000 bonus will generate an extra $3,178 of net incomes.