New York City Taxes 2024. The income tax rate ranges from 4% to 10.9% has a “tax benefit recapture” supplemental tax. The federal reserve has shown confidence in reduced inflation and is lowering interest rates while the economy still appears to be growing well.

Residents of the big apple and yonkers need to pay local income tax. The income tax rate ranges from 4% to 10.9% has a “tax benefit recapture” supplemental tax.