New York Salary & Paycheck Calculators
Updated October 2024New York employs a graduated income tax system with rates ranging from 4% to 10.9%, which can significantly impact your net income based on your earnings level. While more complex than some other states, New York's tax code includes various deductions and exemptions that affect your paycheck.
New York Income Tax Highlights
For single filers:
- 4% on the first $8,500 of taxable income
- 4.5% on taxable income between $8,501 and $11,700
- 5.25% on taxable income between $11,701 and $13,900
- 5.9% on taxable income between $13,901 and $80,650
- 6.09% on taxable income between $80,651 and $215,400
- 6.41% on taxable income between $215,401 and $1,077,550
- 10.9% on taxable income over $1,077,550
For married couples filing jointly:
- 4% on the first $17,150 of taxable income
- 4.5% on taxable income between $17,151 and $23,600
- 5.25% on taxable income between $23,601 and $27,900
- 5.9% on taxable income between $27,901 and $161,550
- 6.09% on taxable income between $161,551 and $323,200
- 6.41% on taxable income between $323,201 and $2,155,350
- 10.9% on taxable income over $2,155,350
These rates apply to residents on all sources of income and to non-residents on New York-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
New York Calculators & Tools
Calculate Your Take-Home Pay
Input your income details and see how much you make after taxes and deductions.
Bonus Calculators
Find out how much your bonus will be taxed.
Net-to-Gross
Find out how much your gross pay should be for a specific take-home pay.
Withholding Forms
Specialty Calculators
Dual Scenario Hourly
Compare your take home pay in different hourly scenarios.
Dual Scenario Salary
Compare your take home pay in different salary scenarios.
401k Calculator
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Tax Tip Calculator
Determine your take home from tips after taxes
Key Points to remember about the New York Paycheck Structure
- Progressive tax system with seven brackets
- Standard deduction of $8,000 for single filers and $16,050 for married couples filing jointly (2023 figures)
- No personal exemptions
- New York City and Yonkers impose additional local income taxes
- New York partially taxes Social Security benefits based on income levels
Understanding these aspects of New York's tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Empire State. While New York's tax system is more complex than some states, it's important to consider the various deductions and credits available to optimize your tax situation.
Learn more about the Payroll Process in New York
Visit the New York Payroll Guide page
Fun Facts
Home to New York City, one of the world’s largest and most iconic cities, New York is a global hub for finance, culture, and entertainment. The state is also known for natural landmarks like Niagara Falls and the Adirondack Mountains.
