New York Tax

For New York state residents, you specify the employee's status and exemptions.

Deltek Modification Date - 1/20/17

Enter the following field information for residents of New York on the Withholding grid on the Payroll tab of the Employee Info Center:

Field Description
Status Enter the marital status claimed by the employee for federal income tax purposes on Form W-4:
  • S — single
  • M — married
Exemptions Enter the total number of withholding exemptions claimed by the employee on New York State Employee’s Withholding Certificate, Form IT-2104.

If the employee did not submit Form IT-2104, use the total number of exemptions claimed by the employee for federal income tax purposes on Form W-4.

This figure includes:

  • Personal exemptions for self and spouse not claimed on other Form W-4.
  • Additional exemptions for age and blindness.
  • Exemptions for dependents.
Other Exemptions New York’s tax calculations do not use the Other Exemptions field.

Supplemental Wages

The tax rate for supplemental wages (bonus runs) is 9.62%.

Automatically Calculated Variables

Vision automatically computes the following variables.

Standard Deduction

The Standard Deduction (annualized exclusion) is a table-based deduction applied to all employees. The amount of the deduction depends on the employee’s filing status as follows:

Status Deduction
Single $7,400
Married $7,950

Allowance

The Allowance is based on the number of exemptions in the first Exemptions field. It is determined by multiplying the number of exemptions by $1,000.

How Vision Calculates Tax

To calculate an employee's New York State tax, Vision does the following:

  1. Multiplies the employee's gross pay per pay period by the number of pay periods in a year to determine annualized gross wages.
  2. Subtracts the employee's Standard Deduction, Allowance, and any 401(k) and 125/Cafeteria plan contributions from the employee's annualized gross wages to determine taxable income.
  3. Calculates the net income tax by applying Tax Calculation Method 1 to the taxable income.
  4. Divides the net income tax by the number of pay periods in a year to determine the amount to be withheld for the pay period.