Summary
If you make $244,140 a year living in the region of New York, USA, you will be taxed $84,993. That means that your net pay will be $159,147 per year, or $13,262 per month. Your average tax rate is 34.8% and your marginal tax rate is 45.0%. 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 $44.98, hence, your net pay will only increase by $55.02.
Bonus Example
A $1,000 bonus will generate an extra $550 of net incomes. A $5,000 bonus will generate an extra $2,751 of net incomes.