If you make $20,000 a year living in the region of New York, USA, you will be taxed $2,906. That means that your net pay will be $17,094 per year, or $1,424 per month. Your average tax rate is 14.5% and your marginal tax rate is 24.8%. 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 $24.75, hence, your net pay will only increase by $75.25.
A $1,000 bonus will generate an extra $753 of net incomes. A $5,000 bonus will generate an extra $3,763 of net incomes.