Summary
If you make $11,050 a year living in the region of New Mexico, USA, you will be taxed $931. That means that your net pay will be $10,119 per year, or $843 per month. Your average tax rate is 8.4% and your marginal tax rate is 9.4%. 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 $9.39, hence, your net pay will only increase by $90.61.
Bonus Example
A $1,000 bonus will generate an extra $906 of net incomes. A $5,000 bonus will generate an extra $4,531 of net incomes.