New York City, New York Income Tax Withholding Information

New York City, New York Income Tax Withholding Information

State Abbreviation:

NY

State Tax Withholding State/City Code:

36/4170

Acceptable Exemption Form:

IT-201

Basis for Withholding:

State Exemptions

Acceptable Exemption Data:

S, H, M/Number of Exemptions

TSP Deferred:

Yes

Special Coding:

None

Additional Information:

None

Additional Resources:

TAXES 15-30, New York City, New York Income Tax Withholding

Withholding Formula (Effective Pay Period 13, 2015)

  1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
  2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the amount computed in Step 1.
  3. Add the taxable biweekly fringe benefits (taxable life insurance, etc.) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
  4. Multiply the adjusted gross biweekly wages by 26 to obtain the annual wages.
  5. Determine the standard deduction allowance by applying the following guideline and subtract this amount from the annual wages.

    Single/Head of Household

    Married

    $5,000

    $5,500

  6. Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 5 to obtain the taxable income.

    Exemption Allowance = $1,000 x Number of Exemptions

  7. Apply the taxable income computed in step 6 to the following table to determine the annual New York city tax withholding:

    Tax Withholding Table
    Single or Head of Household

    If the Amount of
    Taxable Income Is:

    The Amount of New York City
    Tax Withholding Should Be:

    Over:

    But Not Over:

    Of Excess Over:

    $0

    $8,000

    $0.00

    plus

    1.90%

    $0

    8,000

    8,700

    152.00

    plus

    2.65%

    8,000

    8,700

    15,000

    171.00

    plus

    3.10%

    8,700

    15,000

    25,000

    366.00

    plus

    3.70%

    15,000

    25,000

    60,000

    736.00

    plus

    3.90%

    25,000

    60,000

    500,000

    2,101.00

    plus

    4.00%

    60,000

    500,000

    and over

    20,834.16

    plus

    4.25%

    500,000

    Tax Withholding Table
    Married

    If the Amount of
    Taxable Income Is:

    The Amount of New York City
    Tax Withholding Should Be:

    Over:

    But Not Over:

    Of Excess Over:

    $0

    $8,000

    $0.00

    plus

    1.90%

    $0

    8,000

    8,700

    152.00

    plus

    2.65%

    8,000

    8,700

    15,000

    171.00

    plus

    3.10%

    8,700

    15,000

    25,000

    366.00

    plus

    3.70%

    15,000

    25,000

    60,000

    736.00

    plus

    3.90%

    25,000

    60,000

    500,000

    2,101.00

    plus

    4.00%

    60,000

    500,000

    and over

    20,828.46

    plus

    4.25%

    500,000

  8. Divide the annual New York city tax withholding by 26 to obtain the biweekly New York city tax withholding.

New York City Nonresident Income Tax Withholding Formula

Effective January 1, 2000, New York city nonresidents are exempt from the city's income tax and wages earned as a nonresident are non-taxable. New York city taxable wages for these employees should be zero.

The withholding tax on New York city nonresidents has been eliminated.