All About 2015 New York Taxes

Looking for New York state tax information? In this article, you will find the latest resources on state tax, unemployment, income tax and more. New York Department of Taxation and Finance
New York Department of Labor

New York Withholding Requirements:

• Register as employer by filing Form IA 100 (Report to Determine Liability)
• Employee's Withholding Allowance Certificate - Form IT-2104
• Withholding Method = formula
• Supplemental Rate = If no tax withheld from regular wages, add to regular wages for current or preceding payroll period and withhold on total. If tax withheld from regular wages, withhold at 9.62%. NYC resident at 4.25%. Yonkers resident at 1.84704%. Yonkers non-resident at 0.50%.

New York Local Taxes:

New York - New Jersey Waterfront payroll taxes and quarterly Form WC-30 to:
Waterfront Commission of New York Harbor39 Broadway, 4th Floor New York, NY 100064
Phone: 212-742-92801.98% (employer tax)
New York City income taxes - returns should be sent to:
Department of Taxation and Finance Income Tax Bureau Withholding Tax Unit Albany, NY 12227-0125
Phone: 518-438-8581
Rate is progressive
Metropolitan commuter transportation mobility tax (MCTMT) Rate depends on quarterly value of payroll expense per employer.
MCTMT Changes

New York State Unemployment Insurance (SUI):

Wage Base is $10,300 for 2014 and $10,500 for 2015
Rates range from 2.025% to 9.825% for 2015 New employer rate is 4.025% plus the corresponding subsidiary fund percent(.075) for 2015. Reserve ratio formula Rates do NOT include the subsidiary tax of 0.625% or the reemployment tax of 0.075%.

New York State Disability Insurance (SDI):

0.50% to maximum of $0.60 per week (employee)

New York State Labor Laws:

Minimum Wage - $8.75 on 12/31/14 and then $9.00 effective 12/31/15
Termination Pay - Fired/Quit - next regular payday>

New York New Hire Reporting:

Employers must report hiring, rehiring, and return to work within 20 days to: Department of Taxation and Finance New Hire Notification
P.O. Box 15119 Albany, NY 12212-5119
Phone: 518-320-1079
Fax: 518-320-108
0
To report online click here

Remit Withholding for Child Support to:

NYS Child Support Processing Center
P.O. Box 15363 Albany, NY 12212-5363
Phone: 888-208-448
5
To report online click here

Reciprocal states:

none

For paycheck calculation visit the New York Paycheck Calculator of PaycheckCity.

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