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New York state has nine income tax rates, ranging from 4% to 10.9%. Tax credits and deductions, filing status and residency status can influence what you pay.
NYC tax table: Your NYC taxable income is $65,000 or more (line 47) NYC tax rate schedule: You are a part-year NYC resident: Form IT-360.1 and its instructions: You are married and filing a joint NYS return and one spouse was a full-year New York City resident and the other was a nonresident for all of the tax year: Form IT-201 instructions for ...
If you make $70,000 a year living in New York you will be taxed $11,074. Your average tax rate is 10.94% and your marginal tax rate is 22%. This marginal tax rate means that your immediate ...
The New York income tax has nine tax brackets, with a maximum marginal income tax of 10.900% as of 2024. Detailed New York state income tax rates and brackets are available on this page.
Tax rates and tables. Information about tax rates and tax tables for New York State, New York City, Yonkers and the metropolitan commuter transportation mobility tax by year are provided below. 2023.
New York's 2024 income tax ranges from 4% to 10.9%. This page has the latest New York brackets and tax rates, plus a New York income tax calculator. Income tax tables and other tax information is sourced from the New York Department of Taxation and Finance.
New York State's progressive tax system imposes a lower tax rate on lower-income taxpayers. A small number of high-income taxpayers pay most personal income tax. Top 200 Taxpayers Paid 6.7% of Personal Income Tax in Tax Year 2022: 6.7%; All other taxpayers: 93.3%
Income tax rates in New York State vary from 4% to 10.9%, contingent on factors like taxable income, adjusted gross income, and filing status. New York State offers a range of income tax rates, including 4%, 4.5%, 5.25%, 5.5%, 6%, 6.85%, 9.65%, 10.3%, and 10.9%.
New York State’s top marginal income tax rate of 10.9% is one of the highest in the country, but very few taxpayers pay that amount. The state applies taxes progressively (as does the federal government ), with higher earners paying higher rates.
Updated on Jul 06 2024. Free paycheck calculator to calculate your hourly and salary income after income taxes in New York.