New York Income Tax Guide 2026: Rates, Brackets & NYC Tax

New York has one of the highest state income taxes — 4% to 10.9% — and NYC residents pay an additional 3.078-3.876% city tax.

New York State Tax Rates 2026

Single Filers

Taxable Income Rate
$0 - $8,500 4%
$8,501 - $11,700 4.5%
$11,701 - $13,900 5.25%
$13,901 - $80,650 5.5%
$80,651 - $215,400 6%
$215,401 - $1,077,550 6.85%
$1,077,551 - $5,000,000 9.65%
$5,000,001 - $25,000,000 10.3%
$25,000,001+ 10.9%

Married Filing Jointly

Taxable Income Rate
$0 - $17,150 4%
$17,151 - $23,600 4.5%
$23,601 - $27,900 5.25%
$27,901 - $161,550 5.5%
$161,551 - $323,200 6%
$323,201 - $2,155,350 6.85%
$2,155,351 - $5,000,000 9.65%
$5,000,001 - $25,000,000 10.3%
$25,000,001+ 10.9%

NYC Income Tax Rates (Additional)

NYC residents pay city tax on top of state tax:

Taxable Income NYC Rate
$0 - $12,000 3.078%
$12,001 - $25,000 3.762%
$25,001 - $50,000 3.819%
$50,001+ 3.876%

Total NYC tax rate: State (up to 10.9%) + NYC (up to 3.876%) = up to 14.776%

How Much Will I Pay in New York Tax?

State Tax Only (Non-NYC)

Taxable Income Single Tax Effective Rate
$50,000 $2,537 5.07%
$75,000 $3,912 5.22%
$100,000 $5,411 5.41%
$150,000 $8,411 5.61%
$200,000 $11,411 5.71%
$500,000 $31,959 6.39%
$1,000,000 $66,253 6.63%

NYC Residents (State + City)

Taxable Income State Tax NYC Tax Total Effective Rate
$50,000 $2,537 $1,843 $4,380 8.76%
$75,000 $3,912 $2,812 $6,724 8.97%
$100,000 $5,411 $3,781 $9,192 9.19%
$150,000 $8,411 $5,719 $14,130 9.42%
$200,000 $11,411 $7,657 $19,068 9.53%

New York Standard Deduction

Filing Status Standard Deduction
Single $8,000
Married Filing Jointly $16,050
Married Filing Separately $8,000
Head of Household $11,200

New York’s deduction is lower than the federal standard deduction.

New York Dependent Exemption

Exemption Amount
Each dependent $1,000

MCTMT (Metropolitan Commuter Transportation Mobility Tax)

Employers and self-employed individuals in the MTA district pay:

Situation Rate
Employers on payroll 0.34%
Self-employed (net earnings > $50,000) 0.34%

Applies to NYC, Long Island, Westchester, Rockland, Dutchess, Putnam, Orange counties.

New York Capital Gains Tax

New York taxes capital gains as ordinary income (no special rate):

Income Level State Rate NYC Rate Combined
Most earners 6-6.85% 3.876% 10-11%
$1M+ 9.65% 3.876% 13.5%

Yonkers Resident Tax

Yonkers residents pay an additional surcharge:

Status Rate
Resident 16.75% of state tax
Nonresident (work in Yonkers) 0.5% of wages

Who Must File a New York Tax Return?

You must file if you’re:

  • A New York resident with income above filing threshold
  • A part-year resident with NY income
  • A nonresident with NY source income

Filing Thresholds (2026)

Filing Status Gross Income
Single $4,000+
Married Filing Jointly $4,000+
Head of Household $4,000+

New York Tax Credits

Credit Amount
Empire State Child Credit 33% of federal child credit
Earned Income Credit 30% of federal EITC
College Tuition Credit Up to $400/student
Real Property Tax Credit Varies (income-based)
Solar/Clean Energy Credit 25% of solar installation

NYC Credits (Additional)

Credit Amount
NYC School Tax Credit $63-$125
NYC Earned Income Credit 5% of federal EITC
NYC Child Care Credit 75% of federal credit

New York Tax Deductions

Itemized Deductions Allowed

  • Charitable contributions
  • Medical expenses
  • Real property taxes (no $10,000 limit at state level)
  • Mortgage interest

Deductions NOT Allowed

  • State/local taxes paid (SALT)
  • 529 contributions (not deductible in NY)

New York Retirement Income

Income Source Taxable?
Social Security Not taxed
401(k)/IRA (first $20,000 if 59½+) Exempt
401(k)/IRA (over $20,000) Taxed
Pension (government) Exempt
Pension (private, first $20,000) Exempt

The $20,000 pension/retirement exclusion applies per person (age 59½+).

New York vs. Other High-Tax States

State Top Rate Notes
California 13.3% Income over $1M
New York 10.9% Income over $25M
NYC 14.776% State + City
New Jersey 10.75% Income over $1M
Hawaii 11% Income over $200K

NYC has the highest combined state+local income tax in the nation.

How to Reduce New York Tax

1. Maximize Retirement Contributions

Reduce taxable income with 401(k) and IRA contributions.

2. Consider Relocation

Moving just outside NYC (to NJ or CT) can reduce taxes.

3. Charitable Giving

Fully deductible on NY returns.

4. Real Property Tax Credit

Low-income homeowners and renters may qualify.

5. Leave New York (High Earners)

Many high earners move to Florida, Texas, or Nevada.

New York Residency Rules

Factor Resident Test
Domicile Permanent home
183-day rule 183+ days = resident
Statutory residence Maintain home + 184+ days

New York aggressively audits residents who claim to have moved.

New York Tax Filing

Method Cost
NY Free File $0 (income under $79,000)
Commercial software $0-$100
Tax professional $150-$500+

Filing deadline: April 15

Bottom Line

New York state tax ranges from 4% to 10.9%, and NYC residents pay an additional 3.078-3.876% — making the combined rate up to 14.776%, the highest in the nation for local income tax. Most middle-income New Yorkers pay 8-10% effective combined rate. The state doesn’t tax Social Security and offers a $20,000 retirement income exclusion. For high earners, the tax burden makes leaving New York financially attractive.

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