Summary
If you make $840,000 a year living in the region of Utah, USA, you will be taxed $336,758. That means that your net pay will be $503,243 per year, or $41,937 per month. Your average tax rate is 40.1% and your marginal tax rate is 44.2%. 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 $44.20, hence, your net pay will only increase by $55.80.
Bonus Example
A $1,000 bonus will generate an extra $558 of net incomes. A $5,000 bonus will generate an extra $2,790 of net incomes.