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Home Glossary More Links Ask Forum Calculate Federal Summary Federal Forms NEW YORK SUMMARY A more detailed explanation is available from New York state's Householder's Guide for Unemployment Insurance First, determine if you are legally a household employer (see Home page link, or the government's tax guides.) Then, be sure you fulfill the federal requirements first, before turning to these state requirements. Subject to Unemployment (UI) if you pay combined wages of $500 in any calendar quarter. Income tax withholding is optional for the State of New York, the City of New York, and the City of Yonkers. Worker's Compensation insurance may be required, but is not part of employment taxation. Check with your own insurance agent or your state. See your insurance agent about New York state's mandatory SDI (State Disability Insurance.) The employer registers and obtains an employer ID number from New York state for unemployment tax purposes. This can be done using Form NYS-100. The employer will use the Federal Employer Identification Number (FEIN) for withheld income tax and wage reporting. New York adds one additional digit, the "check digit" to the FEIN for state and city filing purposes. For each new hire or rehired worker, the employer files a report to the state within 20 days of hire date. Use any listing or printout with the required information, or a copy of NY Form IT-2104 or Federal Form W-4. The phone number for information on this requirement is 800-972-1233. The employer may optionally deduct income taxes from the worker's paycheck. For long-term employees who will earn enough to owe taxes at the end of the year, we recommend that you deduct income taxes, though this is optional based upon agreement between the worker and the employer. The employer pays unemployment tax ("UI"). This tax is not deducted from the worker's pay. It is paid with the payroll tax return(s) mentioned below. It is applicable to the first $8500 of wages paid per worker in year 2002. The rate varies based upon experience and is usually assigned annually. The employer files quarterly payroll tax returns. Use Quarterly Combined Report Form NYS-45-MN. If the employer's income tax withheld liability reaches $700, the employer pays the tax owed within 3 days or 5 days, depending upon circumstances. Use Return for Tax Withheld, Form NYS-1-MN. When a worker terminates for any reason, the employer gives that worker New York's Record of Employment Use Form IA 12.3. See our New York Forms: NY Forms We respect our visitors: No pop ads. No scumware. No cookies. SSL Secure login. Ask a Question FAQ Search Our Sites Sign Up Home Glossary More Links Ask Forum Calculate Federal Summary Federal Forms

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