NYC Paycheck Calculator

NYC paycheck calculator estimates your take-home pay after tax for new york city residents. The New York City Income Tax Calculator calculates Federal income tax, New York State income tax, and New York City income tax.

The social security tax rate is 6.2% of your gross income and the medicare tax is 1.45% of gross income. The maximum taxable earnings for social security tax is $142,800 for the year 2021. Single pay additional 0.9% in Medicare taxes if income over $200,000, and $250000 for married filing jointly.

For Federal taxable income, this calculator uses the standard deduction of $12,550 (single) and $25,100 (married filing jointly).

For New York State, the standard deduction is $8,000 (single) and $16,050 (married couples).