Nys-50-T-Nyc - York City Withholding Tax Tables And Methods - 2017 Page 32
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32Page 32 of 32 NYS-50-T-NYC (7/17)
New York City
Conversion of Tables
These instructions explain how to convert a table or method
C. Using the Monthly table for 10-day payroll
for the more common payroll periods in this booklet to use
for other payroll periods.
1. The monthly is 3 times the 10-day payroll.
2. Multiply the 10-day payroll by 3 to get a monthly
A. General rule
equivalent.
1. Determine the factor that will convert the payroll in
3. Refer to the monthly table, using monthly equivalent
question to a more common payroll period for which
wages and get the amount that would be withheld
tables are available (i.e., quarterly is 3 times the
monthly, under the appropriate exemption column.
monthly, 28-day is 2 times the biweekly, etc.).
4. Divide the monthly amount to be withheld by 3 to get
2. Using this factor, convert the payroll to the equivalent
the 10-day equivalent of the amount to be withheld.
for the more common period (quarterly ÷ 3 = monthly,
etc.).
D. Salaries paid on a 10-month basis:
Converting salaries to a 12-month basis
3. Apply the table or method for the more common period
in order to use the Monthly table
to the derived equivalent wages, and get the amount to
(or Semimonthly, etc.)
be withheld for the more common period.
4. Convert the amount that would be withheld for the more
1. Divide the annual wages by 12 to arrive at the
common period by the factor found in Step 1 above.
equivalent monthly wages (if payments are made
This is the amount to be withheld for the payroll period
semimonthly instead of monthly, divide by 24).
in question.
2. Refer to the monthly table, using the derived
equivalent monthly wages from Step 1 above, and
B. Using the Monthly table for
obtain the amount that would be withheld monthly
Quarterly payrolls
12 times per year, under the appropriate exemption
column. (If payments are made semimonthly, use
1. Quarterly (3 months) ÷ monthly (1 month) = factor of 3.
that table.)
2. Divide the quarterly wages by 3 to get a monthly
3. Multiply the amount that would be withheld 12
equivalent.
(or 24) times a year found in Step 2 above by 1.2
(12/10 or 6/5), to allow for the fact that withholding
3. Refer to the monthly withholding table, using the
will occur in only 10 of the 12 months. This is the
monthly equivalent wages, and get the amount that
amount to be withheld from each of the 10 monthly
would be withheld monthly, under the appropriate
payments or, if payments are semimonthly, from
exemption column.
each of the 20 semimonthly payments.
4. Multiply the monthly withholding amount by 3 to get the
quarterly equivalent. This is the amount to be withheld.
Example: New York City - Resident Tax
Quarterly wages of $6,750, married with 2 exemptions:
(1) Factor = 3
(2) $6,750 ÷ 3 = $2,250
(3) Refer to New York City Resident Monthly Married Table
(pages 18 and 19).
Withholding tax on $2,250 wages, 2 exemptions = $50.80
(4) $50.80 x 3 = $152.40
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