$
📅
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