Employers are required to withhold and pay personal income taxes on wages, salaries, bonuses, commissions, and other similar income paid to employees. New York's local and state minimum wage guidelines, frequently asked questions, and resources for navigating local and state taxes.AARP's state tax guide on New York tax rates for income, retirement and more for retirees and residents over 50. SmartAsset's New York paycheck calculator shows your hourly and salary income after federal, state and local taxes. You can complete the W4S with your estimated adjusted gross income and any income tax withheld to date to determine if withholdings are recommended. New York offers special benefits for service members, Veterans and their families including property tax exemptions, New York National Guard tuition assistance. Form IT2104: You also need to give employees Form IT2104, the New York State Employee's Withholding Allowance Certificate, to fill out. I elect NOT to have Federal income tax withheld. If the adjustment occurs in a subsequent year, you receive a refund check. Note: you must fill out and file with the court the Annual.