New York Paycheck Calculator

Use New York Paycheck Calculator to estimate net or “take home” pay for salaried employees. Simply input salary details, benefits and deductions, and any other necessary information as prompted below, and let our tool handle the rest.

What Are Payroll Taxes?

Payroll taxes withheld from employee paychecks fund Social Security and Medicare, to which the employer also makes payroll tax contributions.

The Social Security tax is paid by the employee and the employer at a rate of 6.2% of the employee’s wages. The Medicare tax is also paid by both employee and employer, but at a rate of 1.45%.

Employers are also required to pay taxes under the Federal Unemployment Tax Act (FUTA) and the State Unemployment Tax Act (SUTA). The employer must also collect federal income tax from employee paychecks, and pay that amount to the IRS. The rate is determined by the employee’s tax bracket.

Each state also has specific state payroll taxes that must be withheld and paid.

New York Payroll Taxes

In addition to Social Security and Medicare, New York assesses state income tax, disability insurance contributions, and state unemployment taxes, as per SUTA. 

However, it’s important to note that certain state localities are also subject to additional income taxes, specifically, New York City and Yonkers. If your employees are not residents of New York City or Yonkers, then the general New York State tax rates apply. 

State and Local Income Tax

New York has a progressive income tax system with varying brackets depending on where you maintain residency. Employers are required to withhold state income taxes from employee wages. 

For a more detailed overview of New York’s income tax system, check out the state’s handy guide. 

New York State 

The state breaks annual income tax into 12 brackets for those filing as single, or as married but filing separately, with rates ranging from 4% to 11.7%.

$0 to $8,500	(4%)
Over $8,500 to $11,700	$340 + 4.5% of the total exceeding $8,500
Over $11,700 to $13,900	$484 + 5.25% of the total exceeding $11,700
Over $13,900 to $80,650	$600 + 5.85% of the total exceeding $13,900
Over $80,650 to $96,800	$4,504 + 6.25% of the total exceeding $80,650
Over $96,800 to $107,650	$5,514 + 7.32% of the total exceeding $96,800
Over $107,650 to $157,650	$6,308 + 7.82% of the total exceeding $107,650
Over $157,650 to $215,400	$10,219 + 6.75% of the total exceeding $157,650
Over $215,400 to $265,400	$14,117 + 9.94% of the total exceeding $215,400
Over $265,400 to $1,077,550	$19,085 + 7.35% of the total exceeding $265,400
Over $1,077,550 to $4,999,999	10.45%
Over $5,000,000 to $24,999,999	11.1%
Over $25,000,000	11.7%

For more information, check out New York State Withholding Tax Tables and Methods. 

New York City

New York City’s local income tax is a separate income tax rate for New York City residents applied in addition to the state income tax. New York City breaks annual income tax into five brackets for those filing as single, or as married but filing separately, with rates ranging from 2.05% to 4.25%.

$0 to $8,000	2.05%
Over $8,000 to $8,700	$164 + 2.8% of the total exceeding $8,000
Over $8,700 to $15,00	$184 + 3.25% of the total exceeding $8,700
Over $15,00 to $25,000	$388 + 3.95% of the total exceeding $15,000
Over $25,000 to $60,000	$783 + 4.15% of the total exceeding $25,000
Over $60,000	$2,236 + 4.25% of the total exceeding $60,000

For more detail, review the New York City Withholding Tax Tables and Methods. 

Yonkers

Similarly, Yonkers’ local income tax is a separate income tax rate applied in addition to the state income tax. Yonkers breaks income taxes into 12 brackets for those filing as single, or as married but filing separately, with rates ranging from 4% to 11.7%.

$0 to $8,500	(4%) multiplied by .1675
Over $8,500 to $11,700	($340 + 4.5% of the total exceeding $8,500)  multiplied by .1675
Over $11,700 to $13,900	($484 + 5.25% of the total exceeding $11,700) multiplied by .1675
Over $13,900 to $80,650	($600 + 5.85% of the total exceeding $13,900) multiplied by .1675
Over $80,650 to $96,800	($4,504 + 6.25% of the total exceeding $80,650) multiplied by .1675
Over $96,800 to $107,650	($5,514 + 7.32% of the total exceeding $96,800) multiplied by .1675
Over $107,650 to $157,650	($6,308 + 7.82% of the total exceeding $107,650) multiplied by .1675
Over $157,650 to $215,400	($10,219 + 6.75% of the total exceeding $157,650) multiplied by .1675
Over $215,400 to $265,400	($14,117 + 9.94% of the total exceeding $215,400) multiplied by .1675
Over $265,400 to $1,077,550	($19,085 + 7.35% of the total exceeding $265,400) multiplied by .1675
Over $1,077,550 to $4,999,999	10.45%
Over $5,000,000 to $24,999,999	11.1%
Over $25,000,000	11.7%

For more info check out Yonkers Withholding Tax Tables and Methods.

State Unemployment Tax (SUTA)

State unemployment tax is an employer-paid tax and not withheld from employees. As of 2022, SUTA tax rates in New York range from 2.025% to 9.825% for established businesses. 

The rate for new businesses is 4.025%. The current taxable wage base in New York is $12,000.

State Disability Insurance (SDI) and Paid Family Leave Insurance (FLI)

New York is one of the few states that has implemented wage withholding for state disability insurance (SDI) and paid family leave insurance (FLI). Though these are different types of insurance, it’s important to note that paid family leave is typically attached to a disability insurance policy. 

In New York, up to 0.5% of weekly wages can be withheld for SDI and FLI. However, the weekly withholding amount cannot exceed $0.60. This means employees will not pay more than $31.20 for disability insurance and paid family leave insurance every year.   

Paying Payroll Taxes

Just as you need an EIN to pay federal payroll taxes, in New York, you’ll need to register to pay state withholdings at Business Express. For more detail on the filing process, visit this information page. 

Contact these agencies to be sure of payment deadlines. Your municipality may also require certain tax registrations, so be sure to check with your local government for requirements.

Using a Payroll Tax Service

In New York, payroll and payroll taxes come with countless laws and restrictions, which is why many business owners turn to a payroll service provider to ensure their business remains fully compliant. It’s usually less expensive than creating a new staff position for managing payroll, and relatively easy.

You’ll just send over your digital timesheets and relevant information and the service provider will take care of the calculations, payments and taxes, freeing you up to focus on growing your business. 

We highly recommend hiring a payroll service — as a busy entrepreneur, you won’t regret it!