If you make $55,000 a year living in the region of Wisconsin, USA, you will be taxed $11,564. That means that your net pay will be $43,436 per year, or $3,620 per month. Your average tax rate is 21.0% and your marginal tax rate is 35.6%. 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 $35.59, hence, your net pay will only increase by $64.41.
A $1,000 bonus will generate an extra $644 of net incomes. A $5,000 bonus will generate an extra $3,221 of net incomes.