New York issues proposed New York State and Yonkers 2021 withholding tables
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Monday, October 19, 2020

New York issues proposed New York State and Yonkers 2021 withholding tables

By Payroll and Entitlements Editorial Staff

New York has released proposed wage bracket and percentage method New York State and Yonkers 2021 withholding tables. The Yonkers nonresident earnings tax rate would remain at 0.50% for 2021. The proposed regulations do not include changes to the supplemental withholding rates. (New York Department of Taxation and Finance, Proposed Regulations (NYS-50-T-NYS (1/21)), September 8, 2020; https://www.tax.ny.gov/pdf/rulemaking/sep0820/withholding/text.pdf).

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