New York State Withholding Calculator
Estimate your New York State income tax withholding per pay period.
Understanding New York State Withholding
New York State (NYS) income tax withholding is the amount of state income tax that your employer deducts from your paycheck and sends directly to the NYS Department of Taxation and Finance on your behalf. This calculator helps you estimate how much NYS tax will be withheld from each of your paychecks.
Why is NYS Withholding Important?
Proper withholding ensures that you pay your income tax liability throughout the year, rather than owing a large sum at tax time. If too little is withheld, you might owe taxes and potentially penalties. If too much is withheld, you'll receive a refund, but you're essentially giving the state an interest-free loan.
How to Use This Calculator
- Gross Pay per Pay Period: Enter your total earnings before any deductions for a single pay period.
- Pay Period Frequency: Select how often you get paid (e.g., weekly, bi-weekly, monthly).
- NYS Filing Status: Choose your tax filing status (Single or Married Filing Jointly). This impacts the tax brackets used.
- NYS Withholding Allowances: This number comes from your Form IT-2104, Employee's Withholding Allowance Certificate. The more allowances you claim, the less tax is withheld.
- Additional NYS Withholding: If you want an extra amount withheld from each paycheck (also from Form IT-2104), enter it here. This is often used to cover other income or reduce a potential tax bill.
After entering your information, click "Calculate Withholding" to see your estimated NYS income tax withholding per pay period.
Understanding NYS Withholding Allowances (Form IT-2104)
Form IT-2104 is crucial for determining your NYS withholding. The number of allowances you claim directly affects how much tax is withheld. Generally, claiming more allowances reduces the amount withheld, while claiming fewer allowances increases it. It's important to review and update your IT-2104 if your financial situation or filing status changes.
Important Disclaimer
This calculator provides an estimate based on the 2024 New York State tax rates and a simplified percentage method. It does not account for all possible deductions, credits, or specific situations (e.g., New York City or Yonkers local taxes, non-resident withholding, specific tax credits, or other complex tax scenarios). For precise withholding advice, consult a qualified tax professional or refer to the official NYS Department of Taxation and Finance publications, including Form IT-2104-P, Withholding Tax Tables.
Examples of NYS Withholding Calculation
Let's look at a couple of scenarios:
Example 1: Single Individual
- Gross Pay per Pay Period: $1,500
- Pay Period Frequency: Bi-Weekly
- NYS Filing Status: Single
- NYS Withholding Allowances: 1
- Additional NYS Withholding: $0
Based on these inputs, the estimated NYS Withholding per Pay Period would be approximately $40.00 – $50.00.
Example 2: Married Couple
- Gross Pay per Pay Period: $3,000
- Pay Period Frequency: Monthly
- NYS Filing Status: Married Filing Jointly
- NYS Withholding Allowances: 2
- Additional NYS Withholding: $25
With these inputs, the estimated NYS Withholding per Pay Period would be approximately $100.00 – $120.00.