Nys income tax brackets 20214/10/2024 The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. Kristie Lowery ( Kenneth Hausser ( Debera Salam ( Payroll News Flash.Workforce Tax Services - Employment Tax Advisory Services The penalty for underpayment of estimated income tax will not apply to any installments due on or before September 15, 2021, if the underpayment results from the new income tax rates and the taxpayer makes the payments by September 15, 2021.įor additional information concerning this Alert, please contact: 10.90% for income over $25 million (for all filing statuses)įor tax years beginning on or after 2028, the top state personal income tax rate reverts to the previous 8.82% for income over $2,155,350 (married filing jointly) $1,616,450 (filing as head of household) and $1,077,550 (single/married filing separately).10.30% for income over $5 million to $25 million (for all filing statuses).
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