Summary
If you make $5,917 a year living in the region of New Mexico, USA, you will be taxed $461. That means that your net pay will be $5,456 per year, or $455 per month. Your average tax rate is 7.8% and your marginal tax rate is 7.8%. 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 $7.80, hence, your net pay will only increase by $92.20.
Bonus Example
A $1,000 bonus will generate an extra $922 of net incomes. A $5,000 bonus will generate an extra $4,610 of net incomes.