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Level 1
posted Oct 15, 2023 5:20:44 PM

NYC Bonus

As of the second half of 2023, NY state taxes are broken down in between a fixed amount and a variable amount depending on the cap of the salary. Does that cap include any variable bonuses? I.e. If I make x amount of money as a base salary and then receive y amount of money at the end of the year, will my NY taxes be based off my total compensation (x + y) or only on the base salary? (Asking since that would put me in a different tax bracket). 

 

Thank you in advance 

0 1 208
1 Replies
Level 15
Oct 15, 2023 8:54:42 PM