New York has released its 2018 Publication NYS-50-T-NYS. This publication contains the 2018 Withholding Tax Tables and Methods for New York State. There are a number of changes from the previous revision:
- Effective for payrolls made on or after January 1, 2018, employers must use the revised tax withholding tax tables and methods in this publication to compute NY state taxes to be withheld from employees
- The 2018 New York State personal income tax rate schedules have been revised to reflect certain income tax rate reductions enacted under Chapter 60 of the Laws of 2016 (Part TT)
- Certain net wage amounts were slightly reduced
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