New York Tax Rate

 

Are you wondering what the New York tax rate is? Look no further as we explain NY tax rates on income.

tax ratesWhile federal tax rates apply to every taxpayer depending on filing status, state income taxes vary by state. Some states have a flat tax rate, marginal tax rate, or don’t have any state taxes at all.

State tax is levied by New York on your income each year. State income taxes are a percentage of money that you pay to the state government based on the income you earn.

What is the NY Tax Rate?

NY tax rates vary between 4% and 8.82%, depending on your filing status and adjusted gross income. Learn more using the tables below. You’ll see, they are grouped by two different filers: one, the resident IT-201 Filer, and the Non- or Part-time resident, who use the IT-203 tax form.

NYS Tax Brackets – Resident, IT-201 Filers

New York State Tax
NYS adjusted gross income is $107,650
or LESS
AND NYS taxable income is LESS than $65,000 NYS tax table
AND NYS taxable income is $65,000 or MORE NYS tax rate schedule
NYS adjusted gross income is MORE than $107,650 Use the NYS tax computation

 

NYS Tax Brackets – Non-Resident IT-203 Filers

New York State Tax
NYS adjusted gross income is $107,650
or LESS
AND NYS taxable income is LESS
than $65,000
NYS tax table
AND NYS taxable income is $65,000
or MORE
NYS tax rate schedule
NYS adjusted gross income is MORE than $107,650 Use the NYS tax computation

 

More information about New Your State tax rates can be found on the New York State Department of Taxation and Finance.

More Help With Taxes in New York

Understanding tax rates in New York can be tricky. Luckily, we’re here to save the day! Tax Pro Go, virtual tax prep offered by H&R Block. we’ll match you with a tax pro with New York tax expertise. Then, upload your tax documents, and your dedicated tax pros will do the rest!

Keeping these New York state tax considerations in mind, we can make sure you are supported when it comes to taxes. Whether it’s understanding your tax obligations, resolving other state tax problems, or filing your state taxes, we’ve got you covered!

You can also use online tax filing options from H&R Block! 

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