Tax rate used in calculating New York state tax for year 2017 | State Abbreviation:
| NY | | State Tax Withholding
State Code: | 36 | | Acceptable Exemption
Form: | IT-2104 or W-4 | | Basis For Withholding:
| State Exemptions | | Acceptable Exemption
Data: | S, M / Number of Exemptions | | TSP Deferred: | Yes | | Special Coding: | None | | Additional Information:
| None | Withholding Formula (New York Effective 2017) - Subtract the nontaxable biweekly Thrift Savings
Plan contribution from the gross biweekly wages.
- Subtract the nontaxable biweekly Federal Health
Benefits Plan payment(s) (includes flexible spending account - health
care and dependent care deductions) from the amount computed in step
1.
- Add the taxable biweekly fringe benefits (taxable
life insurance, etc.) to the amount computed in step 2 to obtain the
adjusted gross biweekly wages.
- Multiply the adjusted gross biweekly wages by 26
to obtain the annual wages.
- Determine the standard deduction allowance by applying
the following guideline and subtract this amount from the annual wages.
| Single/Head
of Household | Married | | $7,400 | $7,950 | - Determine the exemption allowance by applying the
following guideline and subtract this amount from the result of step
5 to compute the taxable income.
Exemption Allowance = $1,000 x Number of Exemptions - Apply the taxable income computed in step 6 to the
following table to determine the annual New York tax withholding.
| Tax Withholding Table
Single
or
Head of Household | | If the Amount
of
Taxable Income Is: | The Amount of
New York State
Tax Withholding Should Be: | | Over: | But Not
Over: | | | | Of Excess
Over: | | $ 0 | $ 8,500 | $ 0 | plus | 4.00% | $ 0 | | 8,500 | 11,700 | 340 | plus | 4.50% | 8,500 | | 11,700 | 13,900 | 484 | plus | 5.25% | 11,700 | | 13,900 | 21,400 | 600 | plus | 5.90% | 13,900 | | 21,400 | 80,650 | 1,042 | plus | 6.45% | 21,400 | | 80,650 | 96,800 | 4,864 | plus | 6.65% | 80,650 | | 96,800 | 107,650 | 5,938 | plus | 7.58% | 96,800 | | 107,650 | 161,550 | 6,760 | plus | 8.08% | 107,650 | | 161,550 | 215,400 | 11,115 | plus | 7.15% | 161,550 | | 215,400 | 269,300 | 14,965 | plus | 8.15% | 215,400 | | 269,300 | 1,077,550 | 19,358 | plus | 7.35% | 269,300 | | 1,077,550 | 1,131,500 | 78,765 | plus | 49.02% | 1,077,550 | | 1,131,500 | and over | 105,211 | plus | 9.62% | 1,131,500 | | Married | | If the Amount
of
Taxable Income Is: | The Amount of
New York State
Tax Withholding Should Be: | | Over: | But Not
Over: | | | | Of Excess
Over: | | $ 0 | $ 8,500 | $ 0 | plus | 4.00% | $ 0 | | 8,500 | 11,700 | 340 | plus | 4.50% | 8,500 | | 11,700 | 13,900 | 484 | plus | 5.25% | 11,700 | | 13,900 | 21,400 | 600 | plus | 5.90% | 13,900 | | 21,400 | 80,650 | 1,042 | plus | 6.45% | 21,400 | | 80,650 | 96,800 | 4,864 | plus | 6.65% | 80,650 | | 96,800 | 107,650 | 5,938 | plus | 7.28% | 96,800 | | 107,650 | 161,550 | 6,727 | plus | 7.78% | 107,650 | | 161,550 | 215,400 | 10,921 | plus | 8.08% | 161,550 | | 215,400 | 323,200 | 15,272 | plus | 7.15% | 215,400 | | 323,200 | 377,100 | 22,980 | plus | 8.15% | 323,200 | | 377,100 | 1,077,550 | 27,373 | plus | 7.35% | 377,100 | | 1,077,550 | 2,155,350 | 78,856 | plus | 7.65% | 1,077,550 | | 2,155,350 | 2,209,300 | 161,307 | plus | 88.42% | 2,155,350 | | 2,209,300 | and over | 209,010 | plus | 9.62% | 2,209,300 | - Divide the annual New York tax withholding by 26
to obtain the biweekly New York tax withholding.
|