New York City 2024 Tax Rate Schedule. Under temporary rate increases enacted by the 2003 budget legislation, the following tax rate schedules were used by new york city residents for computing new york city tax: The threshold at which a corporation and a unitary group are deemed to be deriving receipts from activity in new york city is:

A “ tax benefit recapture ” supplemental tax may also apply to high earners, gradually phasing out certain tax benefits. New york state offers a range of income tax rates, including 4%, 4.5%, 5.25%, 5.5%, 6%, 6.85%, 9.65%, 10.3%, and 10.9%.