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

Withholding Formula (Effective Pay Period 06, 2017)

1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
2. 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.
3. 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.
4. Multiply the adjusted gross biweekly wages by 26 to obtain the annual wages.
5. 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

6. 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

7. 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

8. 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

For questions about NFC processing, authorized Servicing Personnel Office representatives should contact the NFC Contact Center at 1-855-NFC-4GOV (1-855-632-4468) or via the Internet using the Requester Console.