On September 9, 2009, the state of New York issued proposed New York exact calculation method withholding tables for wages paid on and after January 1, 2010. The proposed supplemental wage (such as bonuses, commissions, overtime pay, sales awards or tips) rate for New York in 2010 would be 9.77%.
You can learn more about the new proposed tables by visiting the New York Department of Taxation and Finance, and reading about “Adoptions – Personal Income Taxes”.
Our payroll software automatically calculates New York state withholding in addition to other payroll taxes such as federal withholding tax, social security tax and Medicare. To read a full description of our payroll system, please go to the payroll software details page.