New York charges 4-10.9% + NYC local state income tax plus local taxes in some areas. Use the stock option tax calculator pre-loaded with New York rates.
Open Stock Option Tax Calculator →Stock option exercises in New York are subject to up to 10.9% state income tax on top of federal tax. For NSOs, the spread at exercise is ordinary income subject to both federal and New York state tax plus FICA. For ISOs, while there is no regular tax at exercise, the spread counts for AMT purposes and for New York state tax calculations. Local taxes in parts of New York further increase the cost of exercising. This calculator helps you plan the optimal time and amount to exercise given New York's tax rates.
New York uses a graduated income tax with brackets ranging from 4-10.9% + NYC local. Lower income is taxed at lower rates, with the 10.9% top rate applying only to income in the highest bracket. This progressive structure means your effective state tax rate is always lower than the top marginal rate. In addition, some New York localities impose their own income tax, which stacks on top of the state rate. This is especially notable in areas like New York City, which adds up to 3.876%. Always check your local rate when calculating total tax liability.
The table below shows what you actually keep at five salary levels in New York, accounting for federal tax, FICA, and New York's graduated (4-10.9% + NYC local) state tax plus estimated local taxes.
See how New York compares to other Northeast states. Each link takes you to the stock option tax calculator landing page for that state.
For a comprehensive breakdown of New York’s tax structure, salary comparisons, cost-of-living analysis, and more, visit the full New York take-home pay page.