Section 1304. Rate of tax
Latest version.
-
(a) A tax (other than the city minimum income tax, the city separate tax relating to qualified higher education funds and the city separate tax on the ordinary income portion of lump sum distributions) imposed pursuant to the authority of section thirteen hundred one of this article shall be determined as follows: (1) Resident married individuals filing joint returns and resident surviving spouses. The tax under this section for each taxable year on the city taxable income of every city resident married individual who makes a single return jointly with his or her spouse under subsection (b) of section thirteen hundred six of this article and on the city taxable income of every city resident surviving spouse shall be determined in accordance with the following tables: (A) For taxable years beginning in two thousand one and two thousand two and for taxable years beginning after two thousand five and before two thousand twelve: If the city taxable income is: The tax is: Not over $21,600 2.55% of the city taxable income Over $21,600 but not $551 plus 3.1% of excess over $45,000 over $21,600 Over $45,000 but not $1,276 plus 3.15% of excess over $90,000 over $45,000 Over $90,000 $2,694 plus 3.2% of excess over $90,000 (B) For taxable years beginning in two thousand: If the city taxable income is: The tax is: Not over $21,600 2.65% of the city taxable income Over $21,600 but not $572 plus 3.215% of excess over $45,000 over $21,600 Over $45,000 but not $1,325 plus 3.265% of excess over $90,000 over $45,000 Over $90,000 $2,794 plus 3.315% of excess over $90,000 (C) For taxable years beginning in nineteen hundred ninety-nine: If the city taxable income is: The tax is: Not over $21,600 2.675% of the city taxable income Over $21,600 but not $578 plus 3.2575% of excess over $45,000 over $21,600 Over $45,000 but not $1,340 plus 3.3075% of excess over $90,000 over $45,000 Over $90,000 $2,828 plus 3.3575% of excess over $90,000 (D) For taxable years beginning after nineteen hundred ninety-six and before nineteen hundred ninety-nine: If the city taxable income is: The tax is: Not over $21,600 2.7% of the city taxable income Over $21,600 but not $583 plus 3.3% of excess over $45,000 over $21,600 Over $45,000 but not $1,355 plus 3.35% of excess over $90,000 over $45,000 Over $90,000 $2,863 plus 3.4% of excess over $90,000 (E) For taxable years beginning in nineteen hundred ninety-six: If the city taxable income is: The tax is: Not over $14,400 2.6% of the city taxable income Over $14,400 but not $374 plus 3% of excess over $27,000 over $14,400 Over $27,000 but not $752 plus 3.3% of excess over $45,000 over $27,000 Over $45,000 but not $1,346 plus 3.35% of excess over $108,000 over $45,000 Over $108,000 $3,457 plus 3.4% of excess over $108,000 (F) For taxable years beginning in nineteen hundred ninety-five: If the city taxable income is: The tax is: Not over $14,400 2.25% of the city taxable income Over $14,400 but not $324 plus 2.85% of excess over $27,000 over $14,400 Over $27,000 but not $683 plus 3.3% of excess over $45,000 over $27,000 Over $45,000 but not $1,278 plus 3.35% of excess over $108,000 over $45,000 Over $108,000 $3,388 plus 3.4% of excess over $108,000 (G) For taxable years beginning after nineteen hundred eighty-eight and before nineteen hundred ninety-five: If the city taxable income is: The tax is: Not over $14,400 2.2% of the city taxable income Over $14,400 but not $317 plus 2.7% of excess over $27,000 over $14,400 Over $27,000 but not $657 plus 3.2% of excess over $45,000 over $27,000 Over $45,000 but not $1,233 plus 3.35% of excess over $108,000 over $45,000 Over $108,000 $3,344 plus 3.4% of excess over $108,000 (H) For taxable years beginning in nineteen hundred eighty-eight: If the city taxable income is: The tax is: Not over $4,500 1.5% of the city taxable income Over $4,500 but not $68 plus 2.2% of excess over $16,200 over $4,500 Over $16,200 but not $325 plus 2.7% of excess over $27,000 over $16,200 Over $27,000 but not $617 plus 3.2% of excess over $45,000 over $27,000 Over $45,000 but not $1,193 plus 3.4% of excess over $108,000 over $45,000 Over $108,000 $3,335 plus 3.5% of excess over $108,000 (I) For taxable years beginning in nineteen hundred eighty-seven: If the city taxable income is: The tax is: Not over $4,125 1.5% of the city taxable income Over $4,125 but not $62 plus 1.8% of excess over $8,250 over $4,125 Over $8,250 but not $136 plus 2.2% of excess over $14,850 over $8,250 Over $14,850 but not $281 plus 2.6% of excess over $21,450 over $14,850 Over $21,450 but not $453 plus 3% of excess over $28,050 over $21,450 Over $28,050 but not $651 plus 3.4% of excess over $34,650 over $28,050 Over $34,650 but not $875 plus 3.7% of excess over $41,250 over $34,650 Over $41,250 but not $1,119 plus 3.9% of excess over $99,000 over $41,250 Over $99,000 $3,371 plus 4.1% of excess over $99,000 (2) Resident heads of households. The tax under this section for each taxable year on the city taxable income of every city resident head of a household shall be determined in accordance with the following tables: (A) For taxable years beginning in two thousand one and two thousand two and for taxable years beginning after two thousand five and before two thousand twelve: If the city taxable income is: The tax is: Not over $14,400 2.55% of the city taxable income Over $14,400 but not $367 plus 3.1% of excess over $30,000 over $14,400 Over $30,000 but not $851 plus 3.15% of excess over $60,000 over $30,000 Over $60,000 $1,796 plus 3.2% of excess over $60,000 (B) For taxable years beginning in two thousand: If the city taxable income is: The tax is: Not over $14,400 2.65% of the city taxable income Over $14,400 but not $382 plus 3.215% of excess over $30,000 over $14,400 Over $30,000 but not $883 plus 3.265% of excess over $60,000 over $30,000 Over $60,000 but not $1,863 plus 3.315% of excess over $60,000 (C) For taxable years beginning in nineteen hundred ninety-nine: If the city taxable income is: The tax is: Not over $14,400 2.675% of the city taxable income Over $14,400 but not $385 plus 3.2575% of excess over $30,000 over $14,400 Over $30,000 but not $893 plus 3.3075% of excess over $60,000 over $30,000 Over $60,000 $1,886 plus 3.3575% of excess over $60,000 (D) For taxable years beginning after nineteen hundred ninety-six and before nineteen hundred ninety-nine: If the city taxable income is: The tax is: Not over $14,400 2.7% of the city taxable income Over $14,400 but not $389 plus 3.3% of excess over $30,000 over $14,400 Over $30,000 but not $904 plus 3.35% of excess over $60,000 over $30,000 Over $60,000 $1,909 plus 3.4% of excess over $60,000 (E) For taxable years beginning in nineteen hundred ninety-six: If the city taxable income is: The tax is: Not over $9,600 2.6% of the city taxable income Over $9,600 but not $250 plus 3% of excess over $18,000 over $9,600 Over $18,000 but not $502 plus 3.3% of excess over $30,000 over $18,000 Over $30,000 but not $898 plus 3.35% of excess over $72,000 over $30,000 Over $72,000 $2,305 plus 3.4% of excess over $72,000 (F) For taxable years beginning in nineteen hundred ninety-five: If the city taxable income is: The tax is: Not over $9,200 2.25% of the city taxable income Over $9,200 but not $207 plus 2.85% of excess over $17,250 over $9,200 Over $17,250 but not $436 plus 3.3% of excess over $28,750 over $17,250 Over $28,750 but not $816 plus 3.35% of excess over $69,000 over $28,750 Over $69,000 $2,164 plus 3.4% of excess over $69,000 (G) For taxable years beginning after nineteen hundred eighty-eight and before nineteen hundred ninety-five: If the city taxable income is: The tax is: Not over $8,800 2.2% of the city taxable income Over $8,800 but not $194 plus 2.7% of excess over $16,500 over $8,800 Over $16,500 but not $402 plus 3.2% of excess over $27,500 over $16,500 Over $27,500 but not $754 plus 3.35% of excess over $66,000 over $27,500 Over $66,000 $2,044 plus 3.4% of excess over $66,000 (H) For taxable years beginning in nineteen hundred eighty-eight: If the city taxable income is: The tax is: Not over $2,750 1.5% of the city taxable income Over $2,750 but not $41 plus 2.2% of excess over $9,900 over $2,750 Over $9,900 but not $198 plus 2.7% of excess over $16,500 over $9,900 Over $16,500 but not $376 plus 3.2% of excess over $27,500 over $16,500 Over $27,500 but not $728 plus 3.4% of excess over $66,000 over $27,500 Over $66,000 $2,037 plus 3.5% of excess over $66,000 (I) For taxable years beginning in nineteen hundred eighty-seven: If the city taxable income is: The tax is: Not over $2,750 1.5% of the city taxable income Over $2,750 but not $41 plus 1.8% of excess over $5,500 over $2,750 Over $5,500 but not $91 plus 2.2% of excess over $9,900 over $5,500 Over $9,900 but not $188 plus 2.6% of excess over $14,300 over $9,900 Over $14,300 but not $302 plus 3% of excess over $18,700 over $14,300 Over $18,700 but not $434 plus 3.4% of excess over $23,100 over $18,700 Over $23,100 but not $584 plus 3.7% of excess over $27,500 over $23,100 Over $27,500 but not $747 plus 3.9% of excess over $66,000 over $27,500 Over $66,000 $2,249 plus 4.1% of excess over $66,000 (3) Resident unmarried individuals, resident married individuals filing separate returns and resident estates and trusts. The tax under this section for each taxable year on the city taxable income of every city resident individual who is not a city resident married individual who makes a single return jointly with his or her spouse under subsection (b) of section thirteen hundred six or a city resident head of household or a city resident surviving spouse, and on the city taxable income of every city resident estate and trust shall be determined in accordance with the following tables: (A) For taxable years beginning in two thousand one and two thousand two and for taxable years beginning after two thousand five and before two thousand twelve: If the city taxable income is: The tax is: Not over $12,000 2.55% of the city taxable income Over $12,000 but not $306 plus 3.1% of excess over $25,000 over $12,000 Over $25,000 but not $709 plus 3.15% of excess over $50,000 over $25,000 Over $50,000 $1,497 plus 3.2% of excess over $50,000 (B) For taxable years beginning in two thousand: If the city taxable income is: The tax is: Not over $12,000 2.65% of the city taxable income Over $12,000 but not $318 plus 3.215% of excess over $25,000 over $12,000 Over $25,000 but not $736 plus 3.265% of excess over $50,000 over $25,000 Over $50,000 $1,552 plus 3.315% of excess over $50,000 (C) For taxable years beginning in nineteen hundred ninety-nine: If the city taxable income is: The tax is: Not over $12,000 2.675% of the city taxable income Over $12,000 but not $321 plus 3.2575% of excess over $25,000 over $12,000 Over $25,000 but not $744 plus 3.3075% of excess over $50,000 over $25,000 Over $50,000 $1,571 plus 3.3575% of excess over $50,000 (D) For taxable years beginning after nineteen hundred ninety-six and before nineteen hundred ninety-nine: If the city taxable income is: The tax is: Not over $12,000 2.7% of the city taxable income Over $12,000 but not $324 plus 3.3% of excess over $25,000 over $12,000 Over $25,000 but not $753 plus 3.35% of excess over $50,000 over $25,000 Over $50,000 $1,591 plus 3.4% of excess over $50,000 (E) For taxable years beginning in nineteen hundred ninety-six: If the city taxable income is: The tax is: Not over $8,000 2.6% of the city taxable income Over $8,000 but not $208 plus 3% of excess over $15,000 over $8,000 Over $15,000 but not $418 plus 3.3% of excess over $25,000 over $15,000 Over $25,000 but not $748 plus 3.35% of excess over $60,000 over $25,000 Over $60,000 $1,920 plus 3.4% of excess over $60,000 (F) For taxable years beginning in nineteen hundred ninety-five: If the city taxable income is: The tax is: Not over $8,000 2.25% of the city taxable income Over $8,000 but not $180 plus 2.85% of excess over $15,000 over $8,000 Over $15,000 but not $380 plus 3.3% of excess over $25,000 over $15,000 Over $25,000 but not $710 plus 3.35% of excess over $60,000 over $25,000 Over $60,000 $1,883 plus 3.4% of excess over $60,000 (G) For taxable years beginning after nineteen hundred eighty-eight and before nineteen hundred ninety-five: If the city taxable income is: The tax is: Not over $8,000 2.2% of the city taxable income Over $8,000 but not $176 plus 2.7% of excess over $15,000 over $8,000 Over $15,000 but not $365 plus 3.2% of excess over $25,000 over $15,000 Over $25,000 but not $685 plus 3.35% of excess over $60,000 over $25,000 Over $60,000 $1,858 plus 3.4% of excess over $60,000 (H) For taxable years beginning in nineteen hundred eighty-eight: If the city taxable income is: The tax is: Not over $2,500 1.5% of the city taxable income Over $2,500 but not $38 plus 2.2% of excess over $9,000 over $2,500 Over $9,000 but not $181 plus 2.7% of excess over $15,000 over $9,000 Over $15,000 but not $343 plus 3.2% of excess over $25,000 over $15,000 Over $25,000 but not $663 plus 3.4% of excess over $60,000 over $25,000 Over $60,000 $1,853 plus 3.5% of excess over $60,000 (I) For taxable years beginning in nineteen hundred eighty-seven: If the city taxable income is: The tax is: Not over $2,500 1.5% of the city taxable income Over $2,500 but not $38 plus 1.8% of excess over $5,000 over $2,500 Over $5,000 but not $83 plus 2.2% of excess over $9,000 over $5,000 Over $9,000 but not $171 plus 2.6% of excess over $13,000 over $9,000 Over $13,000 but not $275 plus 3% of excess over $17,000 over $13,000 Over $17,000 but not $395 plus 3.4% of excess over $21,000 over $17,000 Over $21,000 but not $531 plus 3.7% of excess over $25,000 over $21,000 Over $25,000 but not $679 plus 3.9% of excess over $60,000 over $25,000 Over $60,000 $2,044 plus 4.1% of excess over $60,000 (b) A tax other than the city separate tax on the ordinary income portion of lump sum distributions imposed pursuant to the authority of section thirteen hundred one of this article shall be determined as follows: (1) Resident married individuals filing joint returns and resident surviving spouses. The tax under this section for each taxable year on the city taxable income of every city resident married individual who makes a single return jointly with his or her spouse under subsection (b) of section thirteen hundred six of this article and on the city taxable income of every city resident surviving spouse shall be determined in accordance with the following table: For taxable years beginning after two thousand eleven: If the city taxable income is: The tax is: Not over $21,600 1.18% of the city taxable income Over $21,600 but not $255 plus 1.435% of excess over $45,000 over $21,600 Over $45,000 but not $591 plus 1.455% of excess over $90,000 over $45,000 Over $90,000 $1,245 plus 1.48% of excess over $90,000 (2) Resident heads of households. The tax under this section for each taxable year on the city taxable income of every city resident head of a household shall be determined in accordance with the following table: For taxable years beginning after two thousand eleven: If the city taxable income is: The tax is: Not over $14,400 1.18% of the city taxable income Over $14,400 but not $170 plus 1.435% of excess over $30,000 over $14,400 Over $30,000 but not $394 plus 1.455% of excess over $60,000 over $30,000 over $60,000 $830 plus 1.48% of excess over $60,000 (3) Resident unmarried individuals, resident married individuals filing separate returns and resident estates and trusts. The tax under this section for each taxable year on the city taxable income of every city resident individual who is not a city resident married individual who makes a single return jointly with his or her spouse under subsection (b) of section thirteen hundred six of this article or a city resident head of household or a city resident surviving spouse, and on the city taxable income of every city resident estate and trust shall be determined in accordance with the following table: For taxable years beginning after two thousand eleven: If the city taxable income is: The tax is: Not over $12,000 1.18% of the city taxable income Over $12,000 but not $142 plus 1.435% of excess over $25,000 over $12,000 Over $25,000 but not $328 plus 1.455% of excess over $50,000 over $25,000 Over $50,000 $692 plus 1.48% of excess over $50,000