Finance Maxxing

New York

NY·Progressive Tax (up to 10.90%)

NYC residents pay additional 3.078%-3.876% city tax (not included). Includes accelerated recapture of lower bracket benefits for high earners (NY supplemental tax).

Your Estimated Tax in New York

State Tax

$3,706

4.9% effective

Federal Tax

$7,949

Total Tax

$17,392

23.2% effective

Take-Home Pay

$57,608

Based on Single with $75,000 income

2025 Tax Brackets (Single)

9 brackets

Taxable Income	Rate
	$0 – $8,500	4.00%
	$8,500 – $11,700	4.50%
	$11,700 – $13,900	5.25%
	$13,900 – $80,650	5.85%
$80,650 – $215,400	6.25%
$215,400 – $1,077,550	6.85%
$1,077,550 – $5,000,000	9.65%
$5,000,000 – $25,000,000	10.30%
$25,000,000 – and above	10.90%

Standard deduction: $8,000

Local Tax Jurisdictions

New York City

Progressive

Yonkers

16.75% surcharge on NY state tax liability

16.75% surcharge

Historical Tax Data

2025

ProgressiveTop rate: 10.90%

Taxable Income	Rate
	$0 – $8,500	4.00%
	$8,500 – $11,700	4.50%
	$11,700 – $13,900	5.25%
	$13,900 – $80,650	5.85%
$80,650 – $215,400	6.25%
$215,400 – $1,077,550	6.85%
$1,077,550 – $5,000,000	9.65%
$5,000,000 – $25,000,000	10.30%
$25,000,000 – and above	10.90%

2024

ProgressiveTop rate: 10.90%

Taxable Income	Rate
	$0 – $8,500	4.00%
	$8,500 – $11,700	4.50%
	$11,700 – $13,900	5.25%
	$13,900 – $80,650	5.85%
$80,650 – $215,400	6.25%
$215,400 – $1,077,550	6.85%
$1,077,550 – $5,000,000	9.65%
$5,000,000 – $25,000,000	10.30%
$25,000,000 – and above	10.90%

2023

ProgressiveTop rate: 10.90%

Taxable Income	Rate
	$0 – $8,500	4.00%
	$8,500 – $11,700	4.50%
	$11,700 – $13,900	5.25%
	$13,900 – $80,650	5.85%
$80,650 – $215,400	6.25%
$215,400 – $1,077,550	6.85%
$1,077,550 – $5,000,000	9.65%
$5,000,000 – $25,000,000	10.30%
$25,000,000 – and above	10.90%

2022

ProgressiveTop rate: 10.90%

Taxable Income	Rate
	$0 – $8,500	4.00%
	$8,500 – $11,700	4.50%
	$11,700 – $13,900	5.25%
	$13,900 – $80,650	5.85%
$80,650 – $215,400	6.25%
$215,400 – $1,077,550	6.85%
$1,077,550 – $5,000,000	9.65%
$5,000,000 – $25,000,000	10.30%
$25,000,000 – and above	10.90%

2021

ProgressiveTop rate: 10.90%

New top brackets added for high earners

Taxable Income	Rate
	$0 – $8,500	4.00%
	$8,500 – $11,700	4.50%
	$11,700 – $13,900	5.25%
	$13,900 – $21,400	5.90%
	$21,400 – $80,650	5.97%
$80,650 – $215,400	6.33%
$215,400 – $1,077,550	6.85%
$1,077,550 – $5,000,000	9.65%
$5,000,000 – $25,000,000	10.30%
$25,000,000 – and above	10.90%

Tax Programs & Benefits

View all & configure

New York 529 College Savings Program

State tax deduction up to $5K/$10K for 529 contributions

529 College Savings

STAR (School Tax Relief) Program

Property tax exemption/credit for homeowners

Property Tax Relief

New York Earned Income Tax Credit

30% of federal EITC as a state credit

Tax Credits

Assumptions & Disclaimers

Tax Year: 2025*

Filing Status: Single*

Income: $75,000*

Tax bracket data based on published state tax schedules. Does not account for all credits, exemptions, or local surtaxes. This is not tax advice.

* Configurable in Detailed Profile