Tax rate used in calculating New York state tax for year 2016

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Withholding Formula (New York Effective 2016)

1. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
   
   
2. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes flexible spending account - health care and dependent care deductions) from the amount computed in step 1.
   
   
3. Add the taxable biweekly fringe benefits (taxable life insurance, etc.) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
   
   
4. Multiply the adjusted gross biweekly wages by 26 to obtain the annual wages.
   
   
5. Determine the standard deduction allowance by applying the following guideline and subtract this amount from the annual wages.
   
   

Single/Head of Household	Married
$7,400	$7,900



6. Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 5 to compute the taxable income.

Exemption Allowance = $1,000 x Number of Exemptions

7. Apply the taxable income computed in step 6 to the following table to determine the annual New York tax withholding.
   
   

Tax Withholding Table Single or Head of Household
If the Amount of Taxable Income Is:		The Amount of New York State Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$ 0	$ 8,450	$ 0	plus	4.00%	$ 0
8,450	11,650	338	plus	4.50%	8,450
11,650	13,850	482	plus	5.25%	11,650
13,850	21,300	598	plus	5.90%	13,850
21,300	80,150	1,037	plus	6.45%	21,300
80,150	96,200	4,833	plus	6.65%	80,150
96,200	106,950	5,900	plus	7.58%	96,200
106,950	160,500	6,715	plus	8.08%	106,950
160,500	214,000	11,042	plus	7.15%	160,500
214,000	267,500	14,867	plus	8.15%	214,000
267,500	1,070,350	19,227	plus	7.35%	267,500
1,070,350	1,123,950	78,237	plus	49.02%	1,070,350
1,123,950	and over	104,512	plus	9.62%	1,123,950





Married
If the Amount of Taxable Income Is:		The Amount of New York State Tax Withholding Should Be:
Over:	But Not Over:				Of Excess Over:
$ 0	$ 8,450	$ 0	plus	4.00%	$ 0
8,450	11,650	338	plus	4.50%	8,450
11,650	13,850	482	plus	5.25%	11,650
13,850	21,300	598	plus	5.90%	13,850
21,300	80,150	1,037	plus	6.45%	21,300
80,150	96,200	4,833	plus	6.65%	80,150
96,200	106,950	5,900	plus	7.28%	96,200
106,950	160,500	6,683	plus	7.78%	106,950
160,500	214,000	10,849	plus	8.08%	160,500
214,000	321,050	15,172	plus	7.15%	214,000
321,050	376,600	22,826	plus	8.15%	321,050
376,600	1,070,350	27,190	plus	7.35%	376,600
1,070,350	2,140,900	78,328	plus	7.65%	1,070,350
2,140,900	2,194,500	160,225	plus	88.42%	2,140,900
2,194,500	and over	207,618	plus	9.62%	2,194,500



8. Divide the annual New York tax withholding by 26 to obtain the biweekly New York tax withholding.