New York State Income Tax
Tax Year 2023
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Contents
1.
New York Income Tax Table
Tax Bracket (Single) [2] | Tax Bracket (Couple) [3] | Marginal Tax Rate |
$0+ | $0+ | 4.000% |
$8,500+ | $17,150+ | 4.500% |
$11,700+ | $23,600+ | 5.250% |
$13,900+ | $27,900+ | 5.500% |
$80,650+ | $161,550+ | 6.000% |
$215,400+ | $323,200+ | 6.850% |
$1,077,550+ | $2,155,350+ | 9.650% |
$5,000,000+ | $5,000,000+ | 10.300% |
$25,000,000+ | $25,000,000+ | 10.900% |
Note: We don't currently have New York's income tax brackets for tax year 2024. Until updated 2024 tax rates become available for New York, the tax brackets shown above and used in the income tax calculator will be from tax year 2023.
Learn how marginal tax brackets work
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New York Income Tax Calculator
3.
The New York Income Tax
New York collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. Like the Federal Income Tax, New York's income tax allows couples filing jointly to pay a lower overall rate on their combined income with wider tax brackets for joint filers.
New York's maximum marginal income tax rate is the 1st highest in the United States, ranking directly below New York's %. You can learn more about how the New York income tax compares to other states' income taxes by visiting our map of income taxes by state.
New York signed a sweeping tax-reduction bill into law in December 2011, creating the lowest mid-bracket tax rates in 58 years. The tax breaks are expected to affect over 4.4 million taxpayers, who will save $690 million in taxes this filing year. Despite these tax breaks, New York still has one of the highest state income tax rates in the country. Close to 10 million New York taxpayers file every year, and over 90% use New York's eFile program.
Do I need to file a New York tax return?Generally, if you are required to file a Federal tax return New York will expect you to file a state return. If you do not have to file a Federal return, you don't need to file a state return.
How can I get an extension to file my New York income tax?If you need an extension to file your income tax, you must file an extension request online with the Department of Taxation and Finance. Most applications will be granted an automatic 5-month extension to file.
New York State Income Tax CreditsNew York supports many of the same deductions and tax credits allowed on your federal tax return, but with different (usualy lower) amounts. The following state tax credits are valid for all qualifying New York residents:
- New York Earned Income Tax Credit (EITC) - 30% of your qualified federal EITC, minus any household credit
- Dependent / Child Care Credit - 20% to 110% of your federal child credit, depending on your New York gross income
- Empire State Child Credit - 33% of the federal child tax credit ot $100 for each qualifying child. Applies to children at least four years old who qualify for the federal child credit. If you don't get a federal credit, income limits are $110k for joint filers and $75k for single filers
- Dependent / Child Care Credit - 20% to 110% of your federal child credit, depending on your New York gross income
- College Tuition Credit - Up to $10,000 in deductions or a tax credit of up to $400 on qualified education expenses
- Household Credit -A small credit ($75 to $100+) that can be collected by heads of a household directly on their tax return. Must have an income of $32k or less (joint) or $28k or less (single)
- Additional Credits - Real Property tax Credit, Alternative Fuels Credit, Clean Heating Fuel Credit, and more.
There are 144 days left until Tax Day, on April 16th 2025. The IRS will start accepting eFiled tax returns in January 2020 - you can start your online tax return today for free with TurboTax .
4.
New York Tax Deductions
Income tax deductions are expenses that can be deducted from your gross pre-tax income. Using deductions is an excellent way to reduce your New York income tax and maximize your refund, so be sure to research deductions that you mey be able to claim on your Federal and New York tax returns. For details on specific deductions available in New York, see the list of New York income tax deductions.
4.1 - New York Standard Deduction
- Unlike many other states, New York has no standard deduction. Certain itemized deductions (including property tax, qualified charitable contributions, etc) may be allowed depending on the income level and filing type of the taxpayer. Keep in mind that not all deductions allowed on your federal income tax return are necessarily going to be allowed on your New York income tax return.
4.2 - New York Personal Exemptions
- New York has no personal exemption. The Federal Income Tax, however, does allow a personal exemption to be deducted from your gross income if you are responsible for supporting yourself financially.
4.3 - New York Dependent Deduction
- Unlike most states, New York does not have a dependent deduction. You can, however, claim dependent deductions on your Federal Tax Return.
4.4 - New York Itemized Deductions
- New York allows limited itemized deductions. You may be able to claim most of the same deductions on your New York income tax return as you do on your Federal return, but more limitations and phase-outs may exist for higher income taxpayers. For more information, see the list of New York itemized deductions.
5.
New York Income Tax Forms
Tax-Rates.org provides easy access to five of the most commonly used New York income tax forms, in downloadable PDF format. For all of the tax forms we provide, visit our New York tax forms library or the 's tax forms page.
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How To File Your New York Income Tax Return
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Where To Send Your New York Tax Return
Income Tax Returns (No Payment) State Processing Center PO Box 61000 Albany NY 12261-0001 |
Income Tax Returns (Payment Enclosed) State Processing Center PO Box 15555 Albany NY 12212-5555 |
8.
e-Filing: Submit Your New York Tax Return Online
You can save time and money by electronically filing your New York income tax directly with the . Benefits of e-Filing your New York tax return include instant submission, error checking, and faster refund response times. Most tax preparers can electronically file your return for you, or you can do it yourself using free or paid income tax software, like the examples listed below.
New York requires you to eFile if you use eFile-enabled software to process your return and you have an Internet connection. Over 90% of New York taxpayers file online, and New York state law prevents any tax preparer for charging an extra fee to eFile your tax return.
To e-file your New York and Federal income tax returns, you need a piece of tax software that is certified for eFile by the IRS. While most in-depth tax software charges a fee, there are several free options available through the states, and simple versions are also offered free of charge by most tax software companies.
The two most popular tax software packages are H&R Block At Home, sold by the H&R Block tax preparation company, and TurboTax Federal & State, sold by the Intuit software company. Both companies produce multiple editions for simple to very complex tax returns, so be sure to carefully compare the features offered by each package.
9.
Getting Your New York Tax Refund
If your state tax witholdings are greater then the amount of income tax you owe the state of New York, you will receive an income tax refund check from the government to make up the difference.
It should take one to three weeks for your refund check to be processed after your income tax return is recieved. E-filing your return and filing early can help ensure your refund check gets sent as quickly as possible.
Once you've filed your tax return, all you have to do is wait for your refund to arrive. If you want to check the status of your New York tax refund, you can visit the New York Income Tax Refund page.
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10.
References
- Our state ranking and income tax figures are based on a family of four (married parents with two children) earning the national median household income of $50,000 per year. Deductions and personal exemptions are taken into account, but some state-specific deductions and tax credit programs may not be accounted for.
- Before the official 2024 New York income tax rates are released, provisional 2024 tax rates are based on New York's 2023 income tax brackets.
- The 2024 state personal income tax brackets are updated from the New York and Tax Foundation data.
- New York tax forms are sourced from the New York income tax forms page, and are updated on a yearly basis. Please make sure the New York forms you are using are up-to-date.