Yonkers Withholding Tax Tables And Methods - 2015 Page 25
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26NYS-50-T-Y (1/15) Page 25 of 26
Yonkers
Conversion of Tables
These instructions explain how to convert a table or method
Example 2: Yonkers - Nonresident Earnings Tax
for the more common payroll periods in this booklet to use
Quarterly wages of $6,750:
for other payroll periods.
(1) Factor = 3
(2) $6,750 ÷ 3 = $2,250
A. General rule
(3) Refer to Yonkers Nonresident table, Monthly column
(page 22). Withholding tax on $2,250 wages = $10.80.
1. Determine the factor that will convert the payroll in
question to a more common payroll period for which
(4) $10.80 x 3 = $32.40
tables are available (i.e., quarterly is 3 times the
monthly, 28-day is 2 times the biweekly, etc.).
C. Using the Monthly table for 10-day payroll
2. Using this factor, convert the payroll to the equivalent
for the more common period (quarterly ÷ 3 = monthly,
1. The monthly is 3 times the 10-day payroll.
etc.).
2. Multiply the 10-day payroll by 3 to get a monthly
equivalent.
3. Apply the table or method for the more common period
to the derived equivalent wages, and get the amount to
3. Refer to the monthly table, using monthly equivalent
be withheld for the more common period.
wages and get the amount that would be withheld
monthly, under the appropriate exemption column.
4. Convert the amount that would be withheld for the more
common period by the factor found in Step 1 above.
4. Divide the monthly amount to be withheld by 3 to get
This is the amount to be withheld for the payroll period
the 10-day equivalent of the amount to be withheld.
in question.
D. Salaries paid on a 10-month basis:
B. Using the Monthly table for Quarterly payrolls
Converting salaries to a 12-month basis
1. Quarterly (3 months) ÷ monthly (1 month) = factor of 3.
in order to use the Monthly table (or
Semimonthly, etc.)
2. Divide the quarterly wages by 3 to get a monthly
equivalent.
1. Divide the annual wages by 12 to arrive at the
3. Refer to the monthly withholding table, using the
equivalent monthly wages (if payments are made
monthly equivalent wages, and get the amount that
semimonthly instead of monthly, divide by 24).
would be withheld monthly, under the appropriate
2. Refer to the monthly table, using the derived equivalent
exemption column.
monthly wages from Step 1 above, and obtain the
4. Multiply the monthly withholding amount by 3 to get the
amount that would be withheld monthly 12 times per
year, under the appropriate exemption column. (If
quarterly equivalent. This is the amount to be withheld.
payments are made semimonthly, use that table.)
Example 1: Yonkers - Resident Tax
3. Multiply the amount that would be withheld 12 (or 24)
Quarterly wages of $6,750, married with 2 exemptions:
times a year found in Step 2 above by 1.2 (12/10 or
(1) Factor = 3
6/5), to allow for the fact that withholding will occur
in only 10 of the 12 months. This is the amount to
(2) $6,750 ÷ 3 = $2,250
be withheld from each of the 10 monthly payments
(3) Refer to Yonkers Resident Monthly Married Table (page 11).
or, if payments are semimonthly, from each of the 20
Withholding tax on $2,250 wages, 2 exemptions = $11.20.
semimonthly payments.
(4) $11.20 x 3 = $33.60
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