New York’s 2022 withholding certificate was released Jan. 12 by the state Department of Taxation and Finance.
Employees should fill out the 2022 Form IT-2104, Employee’s Withholding Allowance Certificate, if they previously filled out the form and earn enough income to be subject to the new tax brackets introduced in New York’s fiscal 2022 budget tax bill, the department said in the form’s instructions. Employees who used the form’s worksheet or charts should also fill out a new form, the department said.
The additional tax brackets affect individuals who earn annual income of more than $1,077,550 if single or ...