New York releases state and Yonkers 2015 withholding tables


New York has released wage-bracket and exact calculation method withholding tables for New York State and Yonkers, effective for wages paid on and after January 1, 2015. All of the tables will be reproduced in the Payroll Management Guide in a future release beginning at ¶7518 and ¶7558.
The New York state supplemental wage rate remains 9.62% (.0962) and the Yonkers supplemental wage rate will be 1.61135% (.0161135) for residents and 0.50% (.0050) for nonresidents. The state has also issued a 2015 Form IT-2104, Employee’s Withholding Allowance Certificate. (New York State Publications NYS-50-T-NYS and NYS-50-T-Y, New York Department of Taxation and Finance, January 2015.)

For more information on this and other topics, consult the Visit our News Library.