Free New York Paycheck Calculator

The salary calculator will help you automatically calculate your annual salary, weekly salary, and also the number of hours you work per week, the frequency of payments, the taxes of the different states where you are located, in addition to showing you the salary breakdown, it will also provide you with charts to access, all you need to do is to fill out the calculator below to get your answer.

All-in-One Paycheck Calculator

Annual Salary ($)

Hourly Wage ($) Hours per Week Used to calculate yearly salary if only hourly wage is given Pay Frequency How often you receive your paycheck State Used to apply state income tax (default flat rate per state) 401(k) Contribution (%) % of income contributed to retirement savings (optional) Monthly Insurance Deduction ($) Health, dental, or other deductions

How We Ensure Your Calculations Are Accurate at HnKey

Verified Data:In order to ensure that the accuracy of our calculations is our main priority, our team frequently checks the tax information, and policies of the IRS to review our calculations in a timely manner.

Regularly Updated:It is important to note that these data, not our guesses, come from official sources such as the IRS and state tax offices.

Disclaimer: This tool is for estimation purposes only and does not constitute financial advice. Please consult a qualified professional for personalized financial guidance.

Understanding your paycheck in New York involves navigating a combination of federal, state, and local taxes, as well as other deductions that impact your take-home pay. This guide provides a clear overview of the key components affecting your paycheck, including how taxes are calculated and relevant official resources, to help you better estimate your net income.

Federal Income Tax

Federal income tax is withheld from your paycheck based on your gross income, filing status, and allowances claimed on your Form W-4. The Internal Revenue Service (IRS) uses a progressive tax system, meaning tax rates increase as income rises. For 2025, tax brackets range from 10% to 37%, depending on your taxable income after deductions and exemptions. To estimate federal tax withholding, employers use the IRS withholding tables, which factor in your income, filing status (e.g., single, married filing jointly), and any additional withholding amounts you specify. The IRS provides a Tax Withholding Estimator to help you determine the correct withholding amount based on your circumstances.

New York State Income Tax

New York State imposes a personal income tax on residents, with rates ranging from 4% to for 2025, depending on your income level and filing status. Non-residents working in New York may also owe state taxes on income earned within the state. The New York State Department of Taxation and Finance calculates taxes using a progressive system similar to the federal structure. Your employer withholds state taxes based on your New York State Form IT-2104, which mirrors the federal W-4 but is specific to state withholding. Factors such as exemptions, additional income, or credits (e.g., child tax credits) can adjust your state tax liability. For precise calculations, consult the state’s withholding tax tables.

New York City and Yonkers Taxes

Residents of New York City face an additional local income tax, with rates ranging from approximately to for 2025, depending on income and filing status. This tax is administered by the New York City Department of Finance and is withheld by employers for NYC residents. Non-residents working in NYC do not pay this tax. Similarly, Yonkers residents are subject to a local income tax, which consists of a surcharge on their state tax liability. Yonkers non-residents working in the city may owe a separate earnings tax of on wages. Both taxes are calculated based on information provided on Form IT-2104 or other local withholding forms.

FICA Taxes (Social Security and Medicare)

Federal Insurance Contributions Act (FICA) taxes fund Social Security and Medicare and are withheld at fixed rates. For 2025, Social Security tax is on income up to $168,600 (the Social Security wage base), and Medicare tax is on all income, with an additional for individuals earning over $200,000 ($250,000 for married filing jointly). Employers match these contributions, but only the employee portion is deducted from your paycheck. Self-employed individuals pay the full amount ( for Social Security and for Medicare, plus the additional if applicable) as part of their self-employment tax. The Social Security Administration provides details on wage base limits and rates.

Other Payroll Deductions

Beyond taxes, your paycheck may reflect additional deductions, such as contributions to employer-sponsored health insurance, retirement plans (e.g., 401(k) or 403(b)), or union dues. Pre-tax deductions, like health premiums or retirement contributions, reduce your taxable income, potentially lowering your tax liability. Post-tax deductions, such as Roth 401(k) contributions, do not affect taxable income. New York also requires certain mandatory deductions, such as short-term disability insurance, which is capped at a small weekly amount (approximately $ per week for 2025). Check your pay stub or consult your employer’s HR department for details on specific deductions.

How to Calculate Your Take-Home Pay

To estimate your net pay, start with your gross income (salary or hourly wages before deductions). Subtract federal income tax, New York State tax, NYC or Yonkers tax (if applicable), and FICA taxes, using the appropriate withholding tables or online calculators. Then, account for pre-tax deductions (e.g., retirement contributions) and post-tax deductions (e.g., union dues). The result is your take-home pay. For accuracy, use official resources like the IRS Tax Withholding Estimator or New York State’s withholding tables, as tax calculations depend on individual factors like income, filing status, and dependents.

Official Resources and Tools

For reliable information, refer to the following authoritative sources:

IRS Website: Federal tax forms, withholding tables, and the Tax Withholding Estimator.
New York State Department of Taxation and Finance: State tax rates, Form IT-2104, and withholding guidelines.
New York City Department of Finance: NYC income tax rates and filing information.
Social Security Administration: FICA tax rates and wage base limits.

These resources provide up-to-date information to ensure accurate tax calculations and compliance with federal, state, and local regulations.

Estimating your paycheck in New York requires understanding the interplay of multiple taxes and deductions. By leveraging official resources and tools, you can gain clarity on your take-home pay and make informed financial decisions.

The above information is reviewed by our team of tax experts, all of them have an average of about 10 years of experience in the U.S. tax, if you have any questions, you can submit the form to us, our experts will be within 24 hours, reply to you.

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