Withholding tax rate & due date change

Rate changes effective May 1, 2009

If you have employees making over $200,000, revised withholding tax computations may affect your payroll made on or after May 1, 2009.
Calculate new withholding tax amounts using Publication NYS-50-T.1, Revised New York State and Yonkers Withholding Tax Computation Rules.

A new Form IT-2104, Employee's Withholding Allowance Certificate, is also available. Employers should begin using the revised Form IT-2104 immediately.

New filing due date
You must file your fourth quarter wage reporting and withholding reconciliation (Form NYS-45, Part C) by January 31. The previous due date was February 28.

Just a reminder
To avoid penalties, it's important to file and pay withholding tax on time and accurately report employee wage and withholding information. See Publication NYS-50, Employer's Guide to Unemployment Insurance, Wage Reporting, and Withholding Tax for more information.

Need help?
See our Withholding tax page or call our Withholding Tax Information Center weekdays from 8:00 am to 5:00 pm.