Nys-50-T-Nyc New York City Withholding Tax Tables And Methods - 2015 Page 32
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32NYS-50-T-NYC (6/15) Page 32 of 32
New York City
Conversion of Tables
These instructions explain how to convert a table or method
for the more common payroll periods in this booklet to use
for other payroll periods.
A. General rule
C. Using the Monthly table for 10-day payroll
1. Determine the factor that will convert the payroll in
1. The monthly is 3 times the 10-day payroll.
question to a more common payroll period for which
tables are available (i.e., quarterly is 3 times the monthly,
2. Multiply the 10-day payroll by 3 to get a monthly
28-day is 2 times the biweekly, etc.).
equivalent.
2. Using this factor, convert the payroll to the equivalent for
3. Refer to the monthly table, using monthly equivalent
the more common period (quarterly ÷ 3 = monthly, etc.).
wages and get the amount that would be withheld
monthly, under the appropriate exemption column.
3. Apply the table or method for the more common period
to the derived equivalent wages, and get the amount to
4. Divide the monthly amount to be withheld by 3 to get
be withheld for the more common period.
the 10-day equivalent of the amount to be withheld.
4. Convert the amount that would be withheld for the more
common period by the factor found in Step 1 above. This
D. Salaries paid on a 10-month basis:
is the amount to be withheld for the payroll period in
Converting salaries to a 12-month basis
question.
in order to use the Monthly table
(or Semimonthly, etc.)
B. Using the Monthly table for
1. Divide the annual wages by 12 to arrive at the
Quarterly payrolls
equivalent monthly wages (if payments are made
semimonthly instead of monthly, divide by 24).
1. Quarterly (3 months) ÷ monthly (1 month) = factor of 3.
2. Refer to the monthly table, using the derived
2. Divide the quarterly wages by 3 to get a monthly equivalent.
equivalent monthly wages from Step 1 above, and
obtain the amount that would be withheld monthly
3. Refer to the monthly withholding table, using the monthly
12 times per year, under the appropriate exemption
equivalent wages, and get the amount that would be
column. (If payments are made semimonthly, use
withheld monthly, under the appropriate exemption column.
that table.)
4. Multiply the monthly withholding amount by 3 to get the
3. Multiply the amount that would be withheld 12
quarterly equivalent. This is the amount to be withheld.
(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
will occur in only 10 of the 12 months. This is the
Example: New York City - Resident Tax
amount to be withheld from each of the 10 monthly
Quarterly wages of $6,750, married with 2 exemptions:
payments or, if payments are semimonthly, from
(1) Factor = 3
each of the 20 semimonthly payments.
(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 = $44.75
(4) $44.75 x 3 = $134.25
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