Summary
If you make $20,000 a year living in the region of Ohio, USA, you will be taxed $2,535. That means that your net pay will be $17,465 per year, or $1,455 per month. Your average tax rate is 12.7% and your marginal tax rate is 21.4%. 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 $21.36, hence, your net pay will only increase by $78.64.
Bonus Example
A $1,000 bonus will generate an extra $786 of net incomes. A $5,000 bonus will generate an extra $3,932 of net incomes.