New York 2020 Tax Rates

Register as an employer on the New York Employment Department of Labor website

Employee's Withholding Tax Exemption 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 1.61135%. Yonkers non-resident at 0.50%

Employer Compensation Expense Tax (ECET) — 3.0% for 2020 (Generally, payroll expense means a covered employee’s wages and compensation that are subject to either social security or railroad retirement tax, but with no annual cap applied. This is Medicare wages.)

New York Wage Base

: $11,600 for 2020

New York SUI Rates range from

: 1.3% to 9.1% for 2020

New York new employer rate

: 3.525% plus corresponding subsidiary fund percent: 0.75%, totaling 3.6% for 2020

New York Employment Training Fund contribution

: 0.1% for 2020

New York employee SDI Rate

: 0.5% to a maximum of $0.60 per week

New York Wage Base

: $134,900 for 2020

New York Paid Family Leave Insurance rate

: 0.270% for residents and non-residents for 2020, funded through payroll deductions only (deduction from gross wages)

New York Minimum Wage

: $15.00 per hour effective 2019. Rates vary by employer size and location, check city for city minimum wage rates

New York Termination Pay

:

• Employee is fired — next regular payday
• Employee quits — next regular payday

New Hire Notification
P.O. Box 15119
Albany, NY 12212-5119

Phone: 518-320-1079

Fax: 518-320-1080

NYS Child Support Processing Center
P.O. Box 153634
Albany, NY 12212-5363

Phone: 888-208-4485

None