Single or Head of Household Tax Withholding Table Apply the taxable income computed in step 6 to the following tables to determine the annual New York tax withholding:.Multiply the number of Allowances by $1,000. Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 5 to obtain the taxable income:.
Determine the standard deduction allowance by applying the following guideline and subtract this amount from the annual wages:.Multiply the adjusted gross biweekly wages by the number of pay dates in the tax year to obtain the annual wages.Add the taxable biweekly fringe benefits (e.g., taxable life insurance) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.Subtract the nontaxable biweekly Federal Employees Health Benefits Plan payment(s) (includes dental and vision insurance program and Flexible Spending Account - health care and dependent care deductions) from the amount computed in step 1.Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.Withholding Formula (Effective Pay Period 05, 2023) Employees who have not previously submitted a Form IT-2104 and have not submitted a 2020 or later Federal Form W-4, will default to the prior to 2020 Federal Form W-4 submission. State or Federal Exemptions (see the Additional Information section).Įmployees who have not previously submitted a Form IT-2104 and have submitted a 2020 or later Federal Form W-4, will default to Single and zero (S00). No action on the part of the employee or the personnel office is necessary. The Single or Head of Household and Married withholding tax table brackets and rates for the State of New York have changed as a result of changes to the formula for tax year 2023.
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