Weekly
Bi-Weekly (Every Two Weeks)
Semi-Monthly (Twice a Month)
Monthly
Single
Married Filing Jointly
Married Filing Separately
Head of Household
Estimated Net Pay (After Taxes)
$0.00
Federal Tax: $0.00
New York State Tax: $0.00
New York City Tax: $0.00
FICA (Social Security & Medicare): $0.00
Understanding Your NYC Paycheck Taxes
Calculating the exact amount of taxes withheld from your paycheck can be complex, as it involves federal, state, and local taxes, along with FICA contributions. This calculator provides an estimation based on common tax rules for New York City residents.
Key Components of NYC Payroll Taxes:
Federal Income Tax: Determined by your gross pay, filing status, and the number of allowances claimed on your W-4 form. Tax brackets and rates change annually.
New York State Income Tax: Similar to federal tax, it depends on your income, filing status, and allowances, with its own set of progressive tax brackets.
New York City Income Tax: NYC has its own income tax, which is an additional tax levied on residents. The rates are also progressive and depend on your income level and filing status.
FICA Taxes: This covers Social Security and Medicare.
Social Security: 6.2% on earnings up to a certain annual limit (which changes yearly).
Medicare: 1.45% on all earnings, with an additional 0.9% for earnings above a higher threshold.
How the Calculator Works (Simplified):
This calculator uses simplified, illustrative tax rates and thresholds. The actual withholding from your employer may vary slightly due to precise calculation methods, specific tax credits, or other deductions not accounted for here.
Annualization: Your per-paycheck gross pay is annualized based on your chosen pay frequency.
Standard Deduction/Exemptions: Based on filing status and allowances, a simplified deduction is applied to your annualized income. (Note: Real W-4 calculations are more complex).
Taxable Income: Annualized income minus the simplified deduction yields estimated taxable income.
Tax Calculation: Progressive tax rates for Federal, NY State, and NYC are applied to the taxable income.
FICA Calculation: 6.2% for Social Security and 1.45% for Medicare are applied to your gross pay (up to annual limits for Social Security).
Total Withholding: All calculated taxes are summed up.
Net Pay: Gross pay minus total estimated taxes.
Disclaimer:
This calculator is for estimation purposes only. Tax laws are complex and subject to change. Consult with a qualified tax professional or your employer's HR department for accurate payroll information and tax advice. This tool does not account for all possible deductions, credits, or specific tax situations (e.g., pre-tax deductions like 401k or health insurance premiums, additional Medicare tax, etc.).
function calculateTaxes() {
var grossPay = parseFloat(document.getElementById("grossPay").value);
var payFrequency = document.getElementById("payFrequency").value;
var filingStatus = document.getElementById("filingStatus").value;
var allowances = parseInt(document.getElementById("allowances").value);
// Basic validation
if (isNaN(grossPay) || grossPay < 0) {
alert("Please enter a valid Gross Pay amount.");
return;
}
if (isNaN(allowances) || allowances annualGrossPay) {
totalDeduction = annualGrossPay; // Cannot deduct more than income
}
var taxableIncome = annualGrossPay – totalDeduction;
if (taxableIncome annualGrossPay) {
totalDeduction = annualGrossPay;
}
taxableIncome = annualGrossPay – totalDeduction;
if (taxableIncome < 0) {
taxableIncome = 0;
}
// — Calculate Federal Tax —
var federalTax = calculateProgressiveTax(taxableIncome, effectiveFedBrackets);
// — Calculate NY State Tax —
// NY State uses a tax table/calculation that is slightly different, often involving tax credits.
// For simplicity, we apply progressive rates to taxable income.
var nyStateTaxableIncome = annualGrossPay – (allowances * 1000) – 8600; // Very simplified NY state basis – actual NY IT-201 is complex.
if (nyStateTaxableIncome < 0) nyStateTaxableIncome = 0;
var nyStateTax = calculateProgressiveTax(nyStateTaxableIncome, effectiveNyStateBrackets);
// — Calculate NYC Tax —
// NYC tax is calculated on income after federal and state deductions.
// For simplicity, we'll use a similar taxable income base as state, but apply NYC rates.
var nycTaxableIncome = annualGrossPay – (allowances * 1000) – 8600; // Simplified base – similar to state
if (nycTaxableIncome < 0) nycTaxableIncome = 0;
var nycTax = calculateProgressiveTax(nycTaxableIncome, effectiveNycBrackets);
// — Calculate FICA —
var socialSecurityTax = Math.min(grossPay * ficaSocialSecurityRate, ficaSocialSecurityLimit);
var medicareTax = grossPay * ficaMedicareRate;
// Note: Additional Medicare tax for high earners is not included.
var ficaTotal = socialSecurityTax + medicareTax;
// — Annual Totals —
var totalAnnualTaxes = federalTax + nyStateTax + nycTax + ficaTotal;
var annualNetPay = annualGrossPay – totalAnnualTaxes;
// — Per Paycheck Estimates —
var estimatedNetPayPerPeriod = annualNetPay / (payFrequency === "weekly" ? 52 : payFrequency === "bi-weekly" ? 26 : payFrequency === "semi-monthly" ? 24 : 12);
var estimatedFedTaxPerPeriod = federalTax / (payFrequency === "weekly" ? 52 : payFrequency === "bi-weekly" ? 26 : payFrequency === "semi-monthly" ? 24 : 12);
var estimatedStateTaxPerPeriod = nyStateTax / (payFrequency === "weekly" ? 52 : payFrequency === "bi-weekly" ? 26 : payFrequency === "semi-monthly" ? 24 : 12);
var estimatedCityTaxPerPeriod = nycTax / (payFrequency === "weekly" ? 52 : payFrequency === "bi-weekly" ? 26 : payFrequency === "semi-monthly" ? 24 : 12);
var estimatedFicaPerPeriod = ficaTotal / (payFrequency === "weekly" ? 52 : payFrequency === "bi-weekly" ? 26 : payFrequency === "semi-monthly" ? 24 : 12);
document.getElementById("netPay").innerText = formatCurrency(estimatedNetPayPerPeriod);
document.getElementById("fedTax").innerText = "Federal Tax: " + formatCurrency(estimatedFedTaxPerPeriod);
document.getElementById("stateTax").innerText = "New York State Tax: " + formatCurrency(estimatedStateTaxPerPeriod);
document.getElementById("cityTax").innerText = "New York City Tax: " + formatCurrency(estimatedCityTaxPerPeriod);
document.getElementById("fica").innerText = "FICA (Social Security & Medicare): " + formatCurrency(estimatedFicaPerPeriod);
}
function calculateProgressiveTax(taxableIncome, brackets) {
var taxOwed = 0;
var previousBracketLimit = 0;
for (var i = 0; i < brackets.length; i++) {
var bracket = brackets[i];
var bracketLimit = bracket.limit;
var rate = bracket.rate;
if (taxableIncome 0) {
taxOwed += incomeInThisBracket * rate;
}
previousBracketLimit = bracketLimit;
}
return taxOwed;
}
function formatCurrency(amount) {
return "$" + amount.toFixed(2);
}
// Initialize with default values if needed, or call calculateTaxes on page load for initial estimates
// window.onload = calculateTaxes;