2009 New York State Tax Rates

New York State added two new income tax rates for higher wage earners.  Tax rates are retroactive to January 1, 2009 and are in effect for three years.  City and county level income taxes are not included.

4.0% over $0

4.5% over $8,000

5.25% over $11,000

5.9% over $13,000

6.85% over $20,000

7.85% over $200,000  NEW

8.97% over $500,000  NEW

Standard deduction: $7,500 single filers and $15,000 joint filers

Personal exemption: $1,000 per dependent

See tax rates for other states.

Source: Tax Foundation