There are no deductions available for personal income tax. NYC calculates your income based on your net New York State taxable income after you claim any applicable state income-tax deductions. Unfortunately, there are no tax deductions specific to NYC income tax. Below are the NYC tax rates for Tax Year 2022, which you’ll pay on the tax return you file by April 2023. Where you fall within these brackets depends on your filing status and how much you earn. New York City income tax rates are 3.078%, 3.762%, 3.819%, and 3.876%, depending on your bracket. The tax calculation relies on your taxable income, including wages, salaries, tips, and bonuses. The tax rate for city income tax ranges from 3.078% to 3.876%, depending on your income level.
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