Salary rate
Annual
Month
Biweekly
Weekly
Day
Hour
Withholding
Salary
$42,250
Federal Income Tax
- $3,311
State Income Tax
- $2,049
Social Security
- $2,620
Medicare
- $613
Total tax
- $8,592
Net pay
* $33,658
Marginal tax rate
24.5%
Average tax rate
20.3%
79.7%
Net pay
20.3%
Total tax
Total tax
Net pay
Summary
If you make $42,250 a year living in the region of Utah, USA, you will be taxed $8,592. That means that your net pay will be $33,658 per year, or $2,805 per month. Your average tax rate is 20.3% and your marginal tax rate is 24.5%. 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 $24.50, hence, your net pay will only increase by $75.50.
Bonus Example
A $1,000 bonus will generate an extra $755 of net incomes. A $5,000 bonus will generate an extra $3,775 of net incomes.
NOTE* Withholding is calculated based on the Utah tables of USA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.