Weekly
Bi-Weekly (Every Two Weeks)
Semi-Monthly (Twice a Month)
Monthly
Your Estimated Net Pay:
$0.00
Understanding Your NYC Payroll
Calculating your net pay (take-home pay) in New York City involves several steps to account for federal, state, and local taxes, as well as other potential deductions. This calculator provides an estimation based on common payroll components.
Key Components of NYC Payroll Calculation:
Gross Pay: This is your total earnings before any deductions. It's crucial to enter the correct amount for the pay period specified.
Pay Frequency: How often you are paid (weekly, bi-weekly, semi-monthly, monthly) significantly impacts the annualized income used for tax calculations.
Federal Income Tax: Calculated based on your gross pay, pay frequency, and your W-4 allowances. The IRS provides tax tables that employers use.
Social Security Tax: A flat rate of 6.2% applied to earnings up to an annual limit ($168,600 for 2024).
Medicare Tax: A flat rate of 1.45% applied to all earnings, with an additional 0.9% for earnings over $200,000 for single filers ($250,000 for married filing jointly).
New York State Income Tax: Similar to federal tax, it's progressive and based on income brackets, pay frequency, and W-4 information.
New York City (NYC) Income Tax: An additional local income tax levied by the city. It's also progressive and applied after state tax deductions.
Other Deductions: This calculator does not include potential deductions like health insurance premiums, retirement contributions (401k, etc.), or union dues, which would further reduce your net pay.
Additional NYC Withholding: Any extra amount you've voluntarily chosen to have withheld from your paycheck specifically for NYC taxes.
How This Calculator Works (Simplified Logic):
This calculator estimates deductions using simplified tax rates and tables. Actual payroll calculations by employers are more complex and adhere strictly to IRS and New York State/City tax regulations.
Annualize Income: The gross pay per period is multiplied by the number of pay periods in a year based on the selected frequency (e.g., Weekly: 52, Bi-weekly: 26, Semi-monthly: 24, Monthly: 12).
Calculate Federal Tax: Uses a simplified withholding calculation based on allowances and a standard deduction assumption.
Calculate Social Security & Medicare: Applies the standard rates (6.2% and 1.45%) up to the annual SS limit.
Calculate NY State Tax: Applies estimated progressive rates based on annualized income.
Calculate NYC Tax: Applies estimated progressive rates based on annualized income.
Sum Deductions: Adds up all calculated taxes and any additional NYC withholding.
Calculate Net Pay: Subtracts total estimated deductions from the gross pay for the period.
Disclaimer: This calculator is for estimation purposes only and should not be considered definitive financial advice. Consult with a payroll professional or tax advisor for precise calculations. Tax laws and rates are subject to change.
function calculatePayroll() {
var grossPay = parseFloat(document.getElementById("grossPay").value);
var payFrequency = document.getElementById("payFrequency").value;
var allowances = parseInt(document.getElementById("allowances").value);
var additionalNYC = parseFloat(document.getElementById("additionalWithholding").value);
if (isNaN(grossPay) || grossPay < 0) {
alert("Please enter a valid Gross Pay.");
return;
}
if (isNaN(allowances) || allowances < 0) {
alert("Please enter a valid number of Allowances.");
return;
}
if (isNaN(additionalNYC) || additionalNYC medicareThreshold) {
medicareTaxAnnual += (annualGrossPay – medicareThreshold) * medicareAdditionalRate;
}
var medicareTax = medicareTaxAnnual / numPayPeriods;
// New York State Income Tax (Highly Simplified – Progressive Estimate)
var nyStateTaxAnnual = 0;
var nyStateTaxableIncome = Math.max(0, annualGrossPay – 15000); // Very rough standard deduction approximation
if (nyStateTaxableIncome > 0) {
if (nyStateTaxableIncome <= 8500) nyStateTaxAnnual = nyStateTaxableIncome * 0.04;
else if (nyStateTaxableIncome <= 11700) nyStateTaxAnnual = (8500 * 0.04) + ((nyStateTaxableIncome – 8500) * 0.045);
else if (nyStateTaxableIncome <= 14900) nyStateTaxAnnual = (8500 * 0.04) + (3200 * 0.045) + ((nyStateTaxableIncome – 11700) * 0.05);
else if (nyStateTaxableIncome 0) {
if (nycTaxableIncome <= 12000) nycTaxAnnual = nycTaxableIncome * 0.0307;
else if (nycTaxableIncome <= 26000) nycTaxAnnual = (12000 * 0.0307) + ((nycTaxableIncome – 12000) * 0.0352);
else if (nycTaxableIncome <= 53000) nycTaxAnnual = (12000 * 0.0307) + (14000 * 0.0352) + ((nycTaxableIncome – 26000) * 0.0378);
else if (nycTaxableIncome <= 107000) nycTaxAnnual = (12000 * 0.0307) + (14000 * 0.0352) + (27000 * 0.0378) + ((nycTaxableIncome – 53000) * 0.0388);
else if (nycTaxableIncome <= 170000) nycTaxAnnual = (12000 * 0.0307) + (14000 * 0.0352) + (27000 * 0.0378) + (54000 * 0.0388) + ((nycTaxableIncome – 107000) * 0.0403);
else if (nycTaxableIncome <= 530000) nycTaxAnnual = (12000 * 0.0307) + (14000 * 0.0352) + (27000 * 0.0378) + (54000 * 0.0388) + (63000 * 0.0403) + ((nycTaxableIncome – 170000) * 0.0423);
else nycTaxAnnual = (12000 * 0.0307) + (14000 * 0.0352) + (27000 * 0.0378) + (54000 * 0.0388) + (63000 * 0.0403) + (360000 * 0.0423) + ((nycTaxableIncome – 530000) * 0.0441);
}
nycTaxAnnual = Math.min(nycTaxAnnual, annualGrossPay * 0.0441); // Cap at highest bracket rate
var nycTax = nycTaxAnnual / numPayPeriods;
// Total Estimated Deductions per period
var totalDeductions = federalIncomeTax + socialSecurityTax + medicareTax + nyStateTax + nycTax + additionalNYC;
// Net Pay Calculation
var netPay = grossPay – totalDeductions;
// Ensure net pay is not negative
netPay = Math.max(0, netPay);
document.getElementById("result-value").innerText = "$" + netPay.toFixed(2);
}