Tax Year 2023 New York Income Tax Brackets
| Tax Bracket | Tax Rate |
|---|---|
| $0.00+ | 4% |
| $8,500.00+ | 4.5% |
| $11,700.00+ | 5.25% |
| $13,900.00+ | 5.5% |
| $80,650.00+ | 6% |
| $215,400.00+ | 6.85% |
| $1,077,550.00+ | 9.65% |
| $5,000,000.00+ | 10.3% |
| $25,000,000.00+ | 10.9% |
| Tax Bracket | Tax Rate |
|---|---|
| $0.00+ | 4% |
| $17,150.00+ | 4.5% |
| $23,600.00+ | 5.25% |
| $27,900.00+ | 5.5% |
| $161,550.00+ | 6% |
| $323,200.00+ | 6.85% |
| $2,155,350.00+ | 9.65% |
| $5,000,000.00+ | 10.3% |
| $25,000,000.00+ | 10.9% |
New York's income tax rates were last changed one year ago for tax year 2022, and the tax brackets were previously changed in 2021.
New York has nine marginal tax brackets, ranging from 4% (the lowest New York tax bracket) to 10.9% (the highest New York tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket , which are the same in New York for single filers and couples filing jointly.
The Federal Income Tax, by contrast, has different tax brackets for Single, Married Filing Jointly, and Head of Household taxpayers.
How do New York tax brackets work?
Technically, you don't have just one "tax bracket" - you pay all of the New York marginal tax rates from the lowest tax bracket to the tax bracket in which you earned your last dollar. For comparison purposes, however, your New York tax bracket is the tax bracket in which your last earned dollar in any given tax period falls.
You can think of the bracketed income tax as a flat amount for all of the money you earned up to your highest tax bracket, plus a marginal percentage of any amount you earned over that. The chart below breaks down the New York tax brackets using this model:
| For earnings between $0.00 and $8,500.00, you'll pay 4% |
| For earnings between $8,500.00 and $11,700.00, you'll pay 4.5% plus $340.00 |
| For earnings between $11,700.00 and $13,900.00, you'll pay 5.25% plus $484.00 |
| For earnings between $13,900.00 and $80,650.00, you'll pay 5.5% plus $599.50 |
| For earnings between $80,650.00 and $215,400.00, you'll pay 6% plus $4,270.75 |
| For earnings between $215,400.00 and $1,077,550.00, you'll pay 6.85% plus $12,355.75 |
| For earnings between $1,077,550.00 and $5,000,000.00, you'll pay 9.65% plus $71,413.03 |
| For earnings between $5,000,000.00 and $25,000,000.00, you'll pay 10.3% plus $449,929.45 |
| For earnings over $25,000,000.00, you'll pay 10.9% plus $2,509,929.45 |
| For earnings between $0.00 and $17,150.00, you'll pay 4% |
| For earnings between $17,150.00 and $23,600.00, you'll pay 4.5% plus $686.00 |
| For earnings between $23,600.00 and $27,900.00, you'll pay 5.25% plus $976.25 |
| For earnings between $27,900.00 and $161,550.00, you'll pay 5.5% plus $1,202.00 |
| For earnings between $161,550.00 and $323,200.00, you'll pay 6% plus $8,552.75 |
| For earnings between $323,200.00 and $2,155,350.00, you'll pay 6.85% plus $18,251.75 |
| For earnings between $2,155,350.00 and $5,000,000.00, you'll pay 9.65% plus $143,754.03 |
| For earnings between $5,000,000.00 and $25,000,000.00, you'll pay 10.3% plus $418,262.75 |
| For earnings over $25,000,000.00, you'll pay 10.9% plus $2,478,262.75 |
New York Income Tax Calculator
New York Income Tax Estimator
You can use the income tax estimator to the left to calculate your approximate New York and Federal income tax based on the most recent tax brackets.
Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits.
For a more detailed estimate that takes these factors into account, click "View Detailed Estimate" (this will will redirect to an external website).
New York Tax Deductions
When calculating your New York income tax, keep in mind that the New York state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions.
Qualifying deductions might include an itemized deduction, the New York standard deduction, exemptions for dependants, business expenses, etc.
Remember that New York may have very different deduction laws from the Federal Income Tax, so you may have to write a whole new list of deductions for your New York income tax return.
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Download or print New York income tax forms
NY income tax forms are available as PDFsNew York Standard Deductions & Personal Exemption Amounts
In addition to marginal tax brackets, one of the major features of the New York income tax is deductions. The three most common deductions encountered by taxpayers are the New York Standard Deduction, the New York Personal Exemption, and the New York Dependent Deduction. The current values of these deductions for tax year 2023 are as follows:
| Standard Deduction (Single) | Standard Deduction (MFJ) | Personal Exemption | Dependant Exemption |
|---|---|---|---|
| $8,000.00 | $16,050.00 | $0.00 | $1,000.00 |
The standard deduction, which New York has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. Essentially, it translates to $8,000.00 per year of tax-free income for single New York taxpayers, and $16,050.00 for those filing jointly.
The Personal Exemption, which is not supported by the New York income tax, is an additional deduction you can take if you (and not someone else) are primarily responsible for your own living expenses. Likewise, you can take an additional dependent exemption for each qualifying dependent (like a child or family member), who you financially support.
The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than New York's and may have different rules.
Head over to the Federal income tax brackets page to learn about the Federal Income Tax, which applies in all states nationwide.
Sources & Citations
Disclaimer: While we do our best to keep this list of New York income tax rates up to date and complete, we cannot be held liable for errors or omissions. Is info on this page missing or out-of-date? Please let us know so we can fix it!
The New York tax brackets on this page have been updated for tax year 2023, and are the latest brackets available. States often adjust their tax brackets on a yearly basis, so make sure to check back later for New York's updated tax year 2024 tax brackets!
Tax Data Sources:
- The New York tax brackets on this page were last updated from the New York Department of Taxation and Finance in 2023. Please contact us if any of our New York tax data is incorrect or out of date.
- New York tax return forms are available on the New York tax forms page or the New York Department of Revenue.
- Before the official 2024 New York income tax brackets are released, the brackets used on this page are an estimate based on the previous year's brackets. These numbers are subject to change if new New York tax tables are released.
- The New York income tax estimator tool is provided by Tax-Rates.org
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