Best Tax Attorneys in Yonkers

FAQs

• Where does the Tax Court hold trial sessions closest to Yonkers, New York?

  The closest to Yonkers is the United States Tax Court in New York City. It holds trial sessions at Rooms 206 and 208, Jacob K. Javits Federal Building, 26 Federal Plaza, New York City, NY 10278.

• Where is the low-income taxpayer clinic that is closest to Yonkers, New York?

  The low-income taxpayer clinic that is closest to Yonkers is the Legal Services NYC-Bronx LITC. It accommodates individuals who speak different languages through its interpreter services. You may contact the office at 718-928-3700.

• How high is the sales tax in Yonkers compared to other cities in New York?

  Yonkers collects an 8.875% sales tax, which is higher than the 8% to 8.75% rates in other municipalities in New York based on historical rates from January to June 2023. 4.5% in local taxes, 4% in state taxes, and 0.375% in special taxes make up the total sales tax of 8.875%.

• Do you still need to pay local taxes if you are a nonresident but you work in Yonkers?

  Only New York source income is taxed if you are a nonresident, which includes profits from jobs done in New York and revenue from real estate located in the state. If your source of income is in Yonkers, however, you may be subject to paying the Yonkers nonresident earning tax on top of the state's income tax.

• Is there an additional tax in Yonkers for supplemental wages?

  Supplemental wages, including commissions, overtime pay, sales awards, and commissions, have equivalent tax percentages in Yonkers, whether the employer pays them separately from regular salaries or combines them and specifies the amount of each. If the employer imposes withholding income tax on the employee's regular wages, its supplemental rates are 1.95975% for Yonkers residents and 0.50% for nonresidents.

• How will you be taxed fully in Yonkers if you relocate from another state to Yonkers within a year?

  If you moved to Yonkers from another state, you will only be taxed on income earned during the portion of the tax year in which you reside in Yonkers. You must file Form IT-203 and any other documents required by the city, as it imposes a separate tax on top of the state tax.

• How much do you need to pay for the Metropolitan Commuter Transportation Mobility Tax in Yonkers?

  If you are an employer or a common pay agent in Yonkers, you must pay 0.11% MCTMT on payroll expenditures that exceed $0 but do not exceed $375,000. Your MCTMT is 0.23% if your payroll costs are higher than $375,000 but less than $437,500. Lastly, if your payroll expenditures exceed $437,500, your MCTMT is 0.34%. The MCTMT applies to self-employed individuals whose net earnings in the Metropolitan Commuter Transportation District (MCTD) exceed $50,000.