TAXES 21-09, New York State Income Tax Withholding

Published: February 16, 2021
Effective: Pay Period 03, 2021

Summary

The Single or Head of Household and Married withholding tax table brackets and rates for the State of New York have changed as a result of changes to the formula for tax year 2021.

No action on the part of the employee or the personnel office is necessary.

Tax Formula

State Abbreviation:

NY

State Tax Withholding State Code:

36

Acceptable Exemption Form:

IT-2104

Basis for Withholding:

State or Federal Exemptions (see the Additional Information section)

Acceptable Exemption Data:

S/M, Number of Exemptions

TSP Deferred:

Yes

Special Coding:

None

Additional Information:

Employees who have not previously submitted a Form IT-2104 and have submitted a 2020 or later Federal Form W-4, will default to Single and zero (S00). Employees who have not previously submitted a Form IT-2104 and have not submitted a 2020 or later Federal Form W-4, will default to the prior to 2020 Federal Form W-4 submission.

Withholding Formula (Effective Pay Period 03, 2021)

  1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
  2. Subtract the nontaxable biweekly Federal Employees Health Benefits Plan payment(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 (e.g., 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 the number of pay dates in the tax year 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:

    Multiply the number of Allowances by $1,000.

  7. Apply the taxable income computed in step 6 to the following tables 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 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 5.97% of excess over $21,400

    Over $80,650 but not over $96,800

    $4,579.00 plus 6.33% of excess over $80,650

    Over $96,800 but not over $107,650

    $5,602.00 plus 7.38% of excess over $96,800

    Over $107,650 but not over $157,650

    $6,402.00 plus 7.88% of excess over $107,650

    Over $157,650 but not over $215,400

    $10,342.00 plus 6.83% of excess over $157,650

    Over $215,400 but not over $265,400

    $14,287.00 plus 9.59% of excess over $215,400

    Over $265,400 but not over $1,077,550

    $19,082.00 plus 7.35% of excess over $265,400

    Over $1,077,550 but not over $1,127,550

    $78,775.00 plus 52.08% of excess over $1,077,550

    Over $1,127,550

    $104,815.00 plus 9.62% of excess over $1,127,550

    Married Tax Withholding Table

    If the Amount of Taxable Income Is:

    The Amount of 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 5.97% of excess over $21,400

    Over $80,650 but not over $96,800

    $4,579.00 plus 6.33% of excess over $80,650

    Over $96,800 but not over $107,650

    $5,602.00 plus 7.28% of excess over $96,800

    Over $107,650 but not over $157,650

    $6,391.00 plus 7.78% of excess over $107,650

    Over $157,650 but not over $211,550

    $10,281.00 plus 7.99% of excess over $157,650

    Over $211,550 but not over $323,200

    $14,588.00 plus 6.83% of excess over $211,550

    Over $323,200 but not over $373,200

    $22,214.00 plus 10.71% of excess over $323,200

    Over $373,200 but not over $1,077,550

    $27,569.00 plus 7.35% of excess over $373,200

    Over $1,077,550 but not over $2,155,350

    $79,338.00 plus 7.65% of excess over $1,077,550

    Over $2,155,350 but not over $2,205,350

    $161,790.00 plus 94.54% of excess over $2,155,350

    Over $2,205,350

    $209,060.00 plus 9.62% of excess over $2,205,350

  8. Divide the annual New York State tax withholding calculated in step 7 by the number of pay dates in the tax year to obtain the biweekly New York State 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) Home page. Select the Publications tab and select U.S. Income Tax Formulas from the Publications menu to launch the tax map. Select the desired State from the map provided for the formula.

Previous Tax Bulletin

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