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.
|
in house payroll tax solution for New York small businesses here.
How to Calculate New York State Income Tax Withholdings Automatically
How to Create After the Fact Paychecks and Generate the Paystubs
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