Withholding Tax Tables And Methods Form - City Of New York Page 32
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32T-68 (1/00)
New York State, City of New York and City of Yonkers
Conversion of Tables
These instructions explain how to convert a table or method
Example 4: City of Yonkers - Resident Tax
for the more common payroll periods in this booklet to use
Quarterly wages of $3,750, married with 2 exemptions:
for other payroll periods.
(1)
Factor = 3
(2)
$3,750 ÷ 3 = $1,250
(3)
Refer to City of Yonkers Resident Monthly Married
A.
General Rule
table (page T-57)
Withholding tax on $1,250 wages, 2 exemptions = $0.95
1.
Determine the factor that will convert the payroll in
(4)
$0.95 x 3 = $2.85
question to a more common payroll period for which
tables are available (i.e., quarterly is 3 times the monthly,
28-day is 2 times the biweekly, etc.).
Example 5: City of Yonkers - Nonresident
EarningsTax
2.
Using this factor, convert the payroll to the equivalent for
Quarterly wages of $3,750
the more common period (quarterly ÷ 3 = monthly, etc.).
(1)
Factor = 3
(2)
$3,750 ÷ 3 = $1,250
3.
Apply the table or method for the more common period
(3)
Refer to City of Yonkers Nonresident table,
to the derived equivalent wages, and get the amount to
Monthly column (page T-65)
be withheld for the more common period.
Withholding tax on $1,250 wages = $2.80
(4)
$2.80 x 3 = $8.40
4.
Convert the amount that would be withheld for the more
common period by the factor found in Step 1 above. This
C.
Using the Monthly Table for
is the amount to be withheld for the payroll period in
question.
10-Day Payroll
1.
The monthly is 3 times the 10-day payroll.
B.
Using the Monthly Table for
Quarterly Payrolls
2.
Multiply the 10-day payroll by 3 to get a monthly
equivalent.
1.
Quarterly (3 months) ÷ monthly (1 month) = factor of 3.
3.
Refer to the monthly table, using monthly equivalent
2.
Divide the quarterly wages by 3 to get a monthly equivalent.
wages and get the amount that would be withheld
monthly, under the appropriate exemption column.
3.
Refer to the monthly withholding table, using the monthly
equivalent wages, and get the amount that would be
4.
Divide the monthly amount to be withheld by 3 to get
withheld monthly, under the appropriate exemption column.
the 10-day equivalent of the amount to be withheld.
4.
Multiply the monthly withholding amount by 3 to get the
D. Salaries Paid on a 10-Month Basis:
quarterly equivalent. This is the amount to be withheld.
Converting Salaries to a 12-Month
Basis in Order to Use the Monthly
Table (or Semimonthly, etc.)
Example 1: New York State - Personal Income Tax
Quarterly wages of $3,750, married with 2 exemptions:
(1)
Factor = 3
1.
Divide the annual wages by 12 to arrive at the
(2)
$3,750 ÷ 3 = $1,250
equivalent monthly wages (if payments are made
(3)
Refer to NY State Monthly Married Table (page T-9)
semimonthly instead of monthly, divide by 24).
Withholding tax on $1,250 wages, 2 exemptions = $18.80
(4)
$18.80 x 3 = $56.40
2.
Refer to the monthly table, using the derived
equivalent monthly wages from Step 1 above, and
Example 2: City of New York - Resident Tax
obtain the amount that would be withheld monthly
Quarterly wages of $3,750, married with 2 exemptions:
12 times per year, under the appropriate exemption
(1)
Factor = 3
column. (If payments are made semimonthly, use
that table.)
(2)
$3,750 ÷ 3 = $1,250
(3)
Refer to City of NY Resident Monthly Married table (pages
3.
Multiply the amount that would be withheld 12
T-32 and T-33)
Withholding tax on $1,250 wages, 2 exemptions = $12.40
(or 24) times a year found in Step 2 above by 1.2
(4)
$12.40 x 3 = $37.20
(12/10 or 6/5), to allow for the fact that withholding
will occur in only 10 of the 12 months. This is the
Example 3: City of New York - Nonresident EarningsTax
amount to be withheld from each of the 10 monthly
Quarterly wages of $3,750
payments or, if payments are semimonthly, from
(1)
Factor = 3
each of the 20 semimonthly payments.
(2)
$3,750 ÷ 3 = $1,250
(3)
Refer to City of NY Nonresident Table, Monthly column
(page T-46)
Withholding tax on $1,250 wages = $2.80
(4)
$2.80 x 3 = $8.40
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