What Is The High Income Threshold For 2024 In Ny

What Is The High Income Threshold For 2024 In Ny. While in 2023 there was no salary threshold increase for businesses under local legislation, for 2024 businesses located within new york city, westchester county, and long island, the minimum salary threshold did. New york state offers a range of income tax rates, including 4%, 4.5%, 5.25%, 5.5%, 6%, 6.85%, 9.65%, 10.3%, and 10.9%.

The increased executive and administrative employee salary thresholds come as new york’s minimum wage rose on jan. While in 2023 there was no salary threshold increase for businesses under local legislation, for 2024 businesses located within new york city, westchester county, and long island, the minimum salary threshold did.