Yonkers is the third largest city in New York State. Located in Westchester County it is conveniently located just 17 miles from Manhattan.
If you work in Yonkers, NY, you may have to pay additional income tax. Yonkers has its own income tax system separate from New York State and New York City. Yonkers residents and non-residents who work in Yonkers are subject to the Yonkers Resident Income Tax or the Yonkers Nonresident Income Tax, respectively. In fact, the NY individual income tax return directly asks whether you lived in Yonkers during the year.
Tax rates vary depending on your income level and filing status. It’s essential to consult with a tax professional or the Yonkers Tax Department for specific details and to ensure accurate tax filing.
The Yonkers City income tax rates vary depending on your income level and filing status. The tax rates are progressive, meaning they increase as your income increases. Here’s a general overview of the tax rates for single filers:
- For incomes up to $10,000: 15.00%
- For incomes between $10,001 and $25,000: 15.00% on the first $10,000, plus 4.00% on the excess over $10,000
- For incomes between $25,001 and $50,000: 15.00% on the first $10,000, plus 4.00% on the next $15,000, plus 4.50% on the excess over $25,000
- For incomes over $50,000: 15.00% on the first $10,000, plus 4.00% on the next $15,000, plus 4.50% on the next $25,000, plus 6.85% on the excess over $50,000