USA State Taxes

NEW YORK (NY)

STATE INCOME TAX (SIT)

Description	Amount	Effective Date	Website	Deposit Method / Frequency / Threshold	Forms
Wage Withholding	Withholding Tax Tables: NY State - NYS-50-T-NYS NY City - NYS-50-T-NYC Yonkers - NYS-50-T-Y		NY State Department of Taxation and Finance - Withholding Tax Employer's Guide: See forms link. Register business at Dept. of Labor online.	Electronic filing mandatory since 30-Apr-2015 Tax due dates Quarterly Combined Withholding, Wage Reporting and UI Return. Due 30 days after the end of a calendar quarter. 5 Day Filer - withholding less than $15,000 during the calendar year preceding the previous calendar year. Due within 5 business days following payroll where total accumulated withholding tax = or > $700. New employers start as 5 day filers. 3 Day Filer - withholding $15,000 or more. Due 3 business days after payroll = or > $700. Create an Online Services account to use Web File Some businesses elect or mandated to use PrompTax Program electronic filling and payment program.	Withholding Tax forms Return of Tax Withheld - Use Webfile: NYS-1 (Fill-in) Quarterly Combined Withholding, Wage Reporting & UI - Use WebFile: NYS-45 (Fill-in) Use Federal W4 or Withholding Allowance Certificate for New York State, New York City and Yonkers: IT-2104 (Fill-in)
Supplemental Wage / Bonus Rate	11.70%

Description

Amount

Effective Date

Website

Deposit Method / Frequency / Threshold

Forms

Wage Withholding

Withholding Tax Tables:

NY State - NYS-50-T-NYS

NY City - NYS-50-T-NYC

Yonkers - NYS-50-T-Y

NY State Department of Taxation and Finance - Withholding Tax

Employer's Guide: See forms link.

Electronic filing mandatory since 30-Apr-2015

Tax due dates

Quarterly Combined Withholding, Wage Reporting and UI Return. Due 30 days after the end of a calendar quarter.

5 Day Filer - withholding less than $15,000 during the calendar year preceding the previous calendar year. Due within 5 business days following payroll where total accumulated withholding tax = or > $700. New employers start as 5 day filers.

3 Day Filer - withholding $15,000 or more. Due 3 business days after payroll = or > $700.

Create an Online Services account to use Web File

Some businesses elect or mandated to use PrompTax Program electronic filling and payment program.

Withholding Tax forms

Return of Tax Withheld - Use Webfile: NYS-1 (Fill-in)

Quarterly Combined Withholding, Wage Reporting & UI - Use WebFile: NYS-45 (Fill-in)

Use Federal W4 or Withholding Allowance Certificate for New York State, New York City and Yonkers: IT-2104 (Fill-in)

Supplemental Wage / Bonus Rate

11.70%

Notes:

Generally, employers must file quarterly, even if they did not pay wages during the quarter and have zero withholding.

No reciprocal agreement between states.

STATE UNEMPLOYMENT INSURANCE (SUI)

Description	Amount	Effective Date	Website	Deposit Method / Frequency / Threshold	Forms
Maximum Taxable Earnings	$12,500	Increased from $12,300 in 2023	Department of Labor - Unemployment Insurance Unemployment Insurance Handbooks for Employers Register for UI (Form NYS100)	Combined with SIT.	See above. NYS-45
Employee Deduction	None
Employer Tax Rate (Includes 0.075% Re-employment Service Fund rate)	2.1 - 9.9%	Unchanged from 2023
New Employment Rate - Standard (Includes 0.075% Re-employment Service Fund rate)	4.10%	Unchanged from 2023
Voluntary Contribution Permitted	Yes

STATE DISABILITY INSURANCE (SDI)

Description	Amount	Effective Date	Website	Deposit Method / Frequency / Threshold
Employee Deduction (Up to $0.60 per week)	0.50%	Unchanged from 2023	Workers Compensation Board	Employers that have one or more employees for thirty (30) days in a calendar year must have SDI plan. State Disability Benefits Law (DBL) requires employers to provide an Insured or Self-Insured Plan meeting minimum state requirements. The employer may comply by purchasing a policy of insurance or by applying to the Chair for approval as a self-insurer with permission to deposit securities or file a surety bond. Insurance may be purchased from any insurance company authorized to write Disability Benefits insurance in this state, including the State Insurance Fund.
Employer Contribution	Difference between benefit cost and employee contribution
Family Leave Insurance	0.373% of employee's weekly wage, up to annual max. of $333.25	Decrease from 0.455%, max. of $399.43 in 2023

Description

Amount

Effective Date

Website

Deposit Method / Frequency / Threshold

Employee Deduction

(Up to $0.60 per week)

0.50%

Unchanged from 2023

Workers Compensation Board

Employers that have one or more employees for thirty (30) days in a calendar year must have SDI plan. State Disability Benefits Law (DBL) requires employers to provide an Insured or Self-Insured Plan meeting minimum state requirements. The employer may comply by purchasing a policy of insurance or by applying to the Chair for approval as a self-insurer with permission to deposit securities or file a surety bond. Insurance may be purchased from any insurance company authorized to write Disability Benefits insurance in this state, including the State Insurance Fund.

Employer Contribution

Difference between benefit cost and employee contribution

Family Leave Insurance

0.373% of employee's weekly wage, up to annual max. of $333.25

Decrease from 0.455%, max. of $399.43 in 2023

Notes:

A covered employer is authorized to collect from each employee, through payroll deduction. A "covered employer" under the law is required to provide for the payment of Disability Benefits to all eligible employees, which includes full-time and part-time employees.

NEW HIRE REPORTING

Website	Frequency / Method	Forms	Format
New Hire	Same as federal requirements. Online via the Website	Use Form IT-2104 in place of or in addition to W-4	You must provide the following information: employee name (first, middle initial, last), employee address (street, city, state, and ZIP code), employee social security number, employee hire date, employer name, employer address (street, city, state, and ZIP code), employer identification number (assigned by the Internal Revenue Service) and if dependent health insurance benefits are available to the employee, the date the employee qualifies for the benefits.

Website

Frequency / Method

Forms

Format

New Hire

Same as federal requirements.

Online via the Website

Use Form IT-2104 in place of or in addition to W-4

You must provide the following information: employee name (first, middle initial, last), employee address (street, city, state, and ZIP code), employee social security number, employee hire date, employer name, employer address (street, city, state, and ZIP code), employer identification number (assigned by the Internal Revenue Service) and if dependent health insurance benefits are available to the employee, the date the employee qualifies for the benefits.

LOCAL WITHHOLDING TAXES

Description	Amount	Website	Deposit Method / Frequency / Threshold	Forms
Metropolitan Commuter Transportation Mobility Tax (MCTMT) ( of payroll expense for all covered employees/ calendar quarter	Payroll expense Over $312,5000 - $375,000 = 11% (.0011) Over $375,000 - $437,500 = .23% (.0023) Over $437,500 = .34% (.0034)	MCTMT	If payroll expense exceeds $2,500 for the first quarter of 2012 and prior quarters, or $312,500 in any calendar quarter beginning on or after 1-Apr-2012. Separate Quarterly payments by Webfile or Check/Money Order	Employer's Quarterly MCTMT Return: Webfile Form MTA-305 Paper form MTA-305 (Fill-in)

Description

Amount

Website

Deposit Method / Frequency / Threshold

Forms

Metropolitan Commuter Transportation Mobility Tax (MCTMT)

( of payroll expense for all covered employees/ calendar quarter

Payroll expense

Over $312,5000 - $375,000 = 11% (.0011)

Over $375,000 - $437,500 = .23% (.0023)

Over $437,500 = .34% (.0034)

MCTMT

If payroll expense exceeds $2,500 for the first quarter of 2012 and prior quarters, or $312,500 in any calendar quarter beginning on or after 1-Apr-2012.

Separate Quarterly payments by Webfile or Check/Money Order

Employer's Quarterly MCTMT Return: Webfile Form MTA-305

Paper form MTA-305 (Fill-in)

WEBSITES

State Agencies, Employment and Business

Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.

Last updated Jan 2024