90% $80,651 – $215,400 6. 00% $8,501 – $11,700 4.
2021 New York Income Tax Comparison Federal
This multi-layered approach requires taxpayers to identify their specific situation to determine their total liability accurately. 25% $13,901 – $80,650 5.
While the state implemented a specific set of brackets, residents of New York City faced an additional local tax layered on top of the state and federal obligations. For individuals navigating their annual returns, knowing the precise thresholds and rates is the first step in accurate financial planning.
2021 New York Income Tax Comparison Federal: Understanding the Brackets
Income Bracket Tax Rate $0 – $8,500 4. 50% $11,701 – $13,900 5.
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