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New York Payroll Taxes The state as a whole has a progressive income tax that ranges from 4. % to 10.9%, depending on an employee's income level. There is also a supplemental withholding rate of 11.70% for bonuses and commissions.
For employees, withholding is the amount of federal income tax withheld from your paycheck. The amount of income tax your employer withholds from your regular pay depends on two things: The amount you earn. The information you give your employer on Form W4.
New York Withholding: What you need to know The New York State Tax Law requires that employers withhold tax from all wages paid to residents regardless of where their services are performed, and from wages paid to nonresidents for services performed within New York State.
How to Complete the New Form W-4Step 1: Provide Your Information. Provide your name, address, filing status, and Social Security number.Step 2: Indicate Multiple Jobs or a Working Spouse.Step 3: Add Dependents.Step 4: Add Other Adjustments.Step 5: Sign and Date Form W-4.
A. Withhold at the New York State supplemental rate of 11.70% (. 1170) b. Add the supplemental and regular wages for the most recent payroll period this year.