# TAXES 17-07, New York State Income Tax Withholding

Published: March 9, 2017

Effective: Pay Period 06, 2017

## Summary

The income tax withholdings for the State of New York will change as follows:

- The Married standard deduction will increase from $7,900 to $7,950.
- The Single or Head of Household and Married withholding tables will increase.

No action on the part of the employee or the personnel office is necessary.

## Tax Formula

State Abbreviation: |
NY |

State Tax Withholding State Code: |
36 |

Acceptable Exemption Form: |
IT-2014 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 (Effective Pay Period 06, 2017)

- Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
- Subtract the nontaxable biweekly Federal Health Benefits Plan payments(s) (includes dental and vision insurance program and Flexible Spending Account - health care and dependent care deductions) from the amount computed in step 1.
- Add the taxable biweekly fringe benefits (i.e, taxable life insurance) 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 obtain the taxable income:
Exemption Allowance = $1,000 x Number of Exemptions

- Apply the taxable income computed in step 6 to the following table(s) to determine the annual New York tax withholding:
**Single or Head of Household Tax Withholding Table**If the Amount of Taxable Income Is:

The Amount of New York Tax Withholding Should Be:

Over $0 but not over $8,500

4.00%

Over $8,500 but not over $11,700

$340.00 plus 4.50% of excess over $8,500

Over $11,700 but not over $13,900

$484.00 plus 5.25% of excess over $11,700

Over $13,900 but not over $21,400

$600.00 plus 5.90% of excess over $13,900

Over $21,400 but not over $80,650

$1,042.00 plus 6.45% of excess over $21,400

Over $80,650 but not over $96,800

$4,864.00 plus 6.65% of excess over $80,650

Over $96,800 but not over $107,650

$5,938.00 plus 7.58% of excess over $96,800

Over $107,650 but not over $161,550

$6,760.00 plus 8.08% of excess over $107,650

Over $161,550 but not over $215,400

$11,115.00 plus 7.15% of excess over $161,550

Over $215,400 but not over $269,300

$14,965.00 plus 8.15% of excess over $215,400

Over $269,300 but not over $1,077,550

$19,358.00 plus 7.35% of excess over $269,300

Over $1,077,550 but not over $1,131,500

$78,765.00 plus 49.02% of excess over $1,077,550

Over $1,131,500

$105,211.00 plus 9.62% of excess over $1,131,500

**Married Tax Withholding Table**If the Amount of Taxable Income Is:

The Amount of New York Tax Withholding Should Be:

Over $0 but not over $8,500

4.00%

Over $8,500 but not over $11,700

$340.00 plus 4.50% of excess over $8,500

Over $11,700 but not over $13,900

$484.00 plus 5.25% of excess over $11,700

Over $13,900 but not over $21,400

$600.00 plus 5.90% of excess over $13,900

Over $21,400 but not over $80,650

$1,042.00 plus 6.45% of excess over $21,400

Over $80,650 but not over $96,800

$4,864.00 plus 6.65% of excess over $80,650

Over $96,800 but not over $107,650

$5,938.00 plus 7.28% of excess over $96,800

Over $107,650 but not over $161,550

$6,727.00 plus 7.78% of excess over $107,650

Over $161,550 but not over $215,400

$10,921.00 plus 8.08% of excess over $161,550

Over $215,400 but not over $323,200

$15,272.00 plus 7.15% of excess over $215,400

Over $323,200 but not over $377,100

$22,980.00 plus 8.15% of excess over $323,200

Over $377,100 but not over $1,077,550

$27,373.00 plus 7.35% of excess over $377,100

Over $1,077,550 but not over $2,155,350

$78,856.00 plus 7.65% of excess over $1,077,550

Over $2,155,350 but not over $2,209,300

$161,307.00 plus 88.42% of excess over $2,155,350

Over $2,209,300

$209,010.00 plus 9.62% over $2,209,300

- Divide the annual New York tax withholding calculated in step 7 by 26 to obtain the biweekly New York tax withholding.

## Resources

To view the updated tax formula, go to the **HR and Payroll Clients** page from the **MyNFC**** **drop-down menu on the National Finance Center (NFC) homepage. Select the** Publications** tab in the center ribbon. Select **U.S. Income Tax Formulas** from the **Publication** menu to launch the tax map. Select the desired State from the map provided for the formula.

## Inquiries

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