$
📅
Take-Home Pay
$0
Annual Net
$0
Federal Tax
-$0
NY State Tax
-$0
NYC Local Tax
-$0
Social Security
-$0
Medicare
-$0
Total Deductions
-$0
New York Tax Information
New York employs a progressive state income tax system with rates ranging from 4% to 10.9%. This means higher earners pay a larger percentage of their income in taxes.
- State Tax: 4% - 10.9% (dependent on income bracket)
- NYC Local Tax: Residents of New York City pay an extra 3.078% - 3.876%
- Yonkers Surcharge: Residents of Yonkers pay a surcharge of 16.75% on their state tax obligation
- Complex Filing: NY tax returns can be complex due to these local variations
🗽 2026 Costs: NYC vs Upstate
- 🏠 NYC Avg Rent: $4,100/mo
- 🌲 Upstate Avg Rent: $1,350/mo
- 🚇 MetroCard: $2.90/ride
- ☕ Coffee: $6.50 (City Avg)