Yonkers, NY, Resident Tax Rates Increased: Employment Law Manual, Quick Reference Chart Updated

Author: Rena Pirsos, XpertHR Legal Editor

The City of Yonkers, NY, Resident Tax Surcharge and supplemental wage withholding tax rates have increased for tax year 2014. As a result, the relevant income tax withholding tables and Form IT-2104, Employee's Withholding Allowance Certificate, have been revised. The updated tables and form are effective for wages paid on or after August 1, 2014.

In light of these changes, updates have been made to the Withholding Taxes: New York > Yonkers Resident Tax Surcharge section of the Employment Law Manual, as well as the State Taxation of Supplemental Wages - Chart in the Quick Reference Tool.