NY Tax L § 601 (2021)
2021 New York Laws TAX - Tax Article 22 - Personal Income Tax Part 1 - General 601 - Imposition of Tax.

§  601.  Imposition  of tax.   (a) Resident married individuals filing joint returns and resident surviving spouses. There  is  hereby  imposed for  each  taxable year on the New York taxable income of every resident married individual who makes a single return  jointly  with  his  spouse under  subsection  (b)  of  section six hundred fifty-one and on the New York taxable income of every resident surviving spouse a tax  determined in accordance with the following tables:  (1)  (A)  For  taxable  years  beginning after two thousand eleven and before two thousand eighteen:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of taxable income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                       $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.90% of excess over                                       $26,000 Over $40,000 but not over $150,000    $1,946 plus 6.45% of excess over                                       $40,000 Over $150,000 but not over $300,000   $9,041 plus 6.65% of excess over                                       $150,000 Over $300,000 but not over $2,000,000 $19,016 plus 6.85% of excess over                                       $300,000 Over $2,000,000                       $135,466 plus 8.82% of excess over                                       $2,000,000  (B)(i) For taxable  years  beginning  in  two  thousand  eighteen  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable                                       income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $43,000     $1,202 plus 5.9% of excess over                                       $27,900 Over $43,000 but not over $161,550    $2,093 plus 6.33% of excess over                                       $43,000 Over $161,550 but not over $323,200   $9,597 plus 6.57% of excess over                                       $161,550 Over $323,200 but not over $2,155,350 $20,218 plus 6.85% of excess over                                       $323,200 Over $2,155,350                       $145,720 plus 8.82% of excess over                                       $2,155,350  (ii)  For  taxable  years  beginning  in  two  thousand  nineteen  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable                                       income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $43,000     $1,202 plus 5.9% of excess over                                       $27,900 Over $43,000 but not over $161,550    $2,093 plus 6.21% of excess over                                        $43,000 Over $161,550 but not over $323,200   $9,455 plus 6.49% of excess over                                       $161,550 Over $323,200 but not over $2,155,350 $19,946 plus 6.85% of excess over                                       $323,200 Over $2,155,350                       $145,448 plus 8.82% of excess over                                       $2,155,350  (iii) For taxable years beginning in two thousand twenty the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $43,000     $1,202 plus 5.9% of excess over                                       $27,900 Over $43,000 but not over $161,550    $2,093 plus 6.09% of excess over                                       $43,000 Over $161,550 but not over $323,200   $9,313 plus 6.41% of excess over                                       $161,550 Over $323,200 but not over            $19,674 plus 6.85% of excess $2,155,350                            $323,200 over Over $2,155,350                       $145,177 plus 8.82% of excess over                                       $2,155,350  (iv)  For  taxable  years  beginning  in  two  thousand twenty-one the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $43,000     $1,202 plus 5.9% of excess over                                       $27,900 Over $43,000 but not over $161,550    $2,093 plus 5.97% of excess over                                       $43,000 Over $161,550 but not over $323,200   $9,170 plus 6.33% of excess over                                       $161,550 Over $323,200 but not over            $19,403 plus 6.85% of excess $2,155,350                            over  $323,200 Over $2,155,350 but not over          $144,905 plus 9.65% of excess over $5,000,000                            $2,155,350 Over $5,000,000 but not over          $419,414 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,479,414 plus 10.90% of excess over                                       $25,000,000  (v) For  taxable  years  beginning  in  two  thousand  twenty-two  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $161,550    $1,202 plus 5.85% of excess over                                       $27,900 Over $161,550 but not over $323,200   $9,021 plus 6.25% of excess over                                        $161,550 Over $323,200 but not over            $19,124 plus $2,155,350                            6.85% of excess over $323,200 Over $2,155,350 but not over          $144,626 plus 9.65% of excess over $5,000,000                            $2,155,350 Over $5,000,000 but not over          $419,135 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,479,135 plus 10.90% of excess over                                       $25,000,000  (vi)  For  taxable  years  beginning  in two thousand twenty-three the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $161,550    $1,202 plus 5.73% of excess over                                       $27,900 Over $161,550 but not over $323,200   $8,860 plus 6.17% of excess over                                       $161,550 Over $323,200 but not over            $18,834 plus 6.85% of $2,155,350                            excess over $323,200 Over $2,155,350 but not over          $144,336 plus 9.65% of excess over $5,000,000                            $2,155,350 Over $5,000,000 but not over          $418,845 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,478,845 plus 10.90% of excess over                                       $25,000,000  (vii) For taxable years beginning  in  two  thousand  twenty-four  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $161,550    $1,202 plus 5.61% of excess over                                       $27,900 Over $161,550 but not over $323,200   $8,700 plus 6.09% of excess over                                       $161,550 Over $323,200 but not over            $18,544 plus 6.85% of excess over $2,155,350                            $323,200 Over $2,155,350 but not over          $144,047 plus 9.65% of excess over $5,000,000                            $2,155,350 Over $5,000,000 but not over          $418,555 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,478,555 plus 10.90% of excess over                                       $25,000,000  (viii)  For taxable years beginning after two thousand twenty-four and before two thousand twenty-eight the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $161,550    $1,202 plus 5.5% of excess over                                        $27,900 Over $161,550 but not over $323,200   $8,553 plus 6.00% of excess over                                       $161,550 Over $323,200 but not over            $18,252 plus 6.85% of excess over $2,155,350                            $323,200 Over $2,155,350 but not over          $143,754 plus 9.65% of excess over $5,000,000                            $2,155,350 Over $5,000,000 but not over          $418,263 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,478,263 plus 10.90% of excess over                                       $25,000,000  (ix)  For taxable years beginning after  two thousand twenty-seven the following rates shall apply: If the New York taxable income is:    The tax is: Not over $17,150                      4% of the New York taxable income Over $17,150 but not over $23,600     $686 plus 4.5% of excess over                                       $17,150 Over $23,600 but not over $27,900     $976 plus 5.25% of excess over                                       $23,600 Over $27,900 but not over $161,550    $1,202 plus 5.5% of excess over                                       $27,900 Over $161,550 but not over $323,200   $8,553 plus 6.00% of excess                                       over $161,550 Over $323,200 but not over            $18,252 plus 6.85% of excess $2,155,350                            over $323,200 Over $2,155,350                       $143,754 plus  8.82% of excess                                       over $2,155,350  (1-a) For taxable years beginning after two thousand eight and  before two thousand twelve:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of the New York taxable                                       income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                       $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over                                       $26,000 Over $40,000 but not over $300,000    $1,946 plus 6.85% of excess over                                       $40,000 Over $300,000 but not over $500,000   $19,756 plus 7.85% of excess over                                       $300,000 Over $500,000                         $35,456 plus 8.97% of excess over                                       $500,000  (2) For taxable years beginning after two thousand five and before two thousand nine:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of the New York taxable                                       income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                        $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over                                       $26,000 Over $40,000                          $1,946 plus 6.85% of excess over                                       $40,000  (3) For taxable years beginning in two thousand five:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of the New York taxable                                       income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                       $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over                                       $26,000 Over $40,000 but not over $150,000    $1,946 plus 6.85% of excess over                                       $40,000 Over $150,000 but not over $500,000   $9,481 plus 7.25% of excess over                                       $150,000 Over $500,000                         $34,856 plus 7.7% of excess over                                       $500,000  (4) For taxable years beginning in two thousand four:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of the New York taxable                                       income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                       $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over                                       $26,000 Over $40,000 but not over $150,000    $1,946 plus 6.85% of excess over                                       $40,000 Over $150,000 but not over $500,000   $9,481 plus 7.375% of excess over                                       $150,000 Over $500,000                         $35,294 plus 7.7% of excess over                                       $500,000  (5) For taxable years beginning in two thousand three:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of the New York taxable                                       income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                       $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over                                       $26,000 Over $40,000 but not over $150,000    $1,946 plus 6.85% of excess over                                       $40,000 Over $150,000 but not over $500,000   $9,481 plus 7.5% of excess over                                       $150,000 Over $500,000                         $35,731 plus 7.7% of excess over                                        $500,000  (6)  For taxable years beginning after nineteen hundred ninety-six and before two thousand three:  If the New York taxable income is:    The tax is: Not over $16,000                      4% of the New York taxable                                       income Over $16,000 but not over $22,000     $640 plus 4.5% of excess over                                       $16,000 Over $22,000 but not over $26,000     $910 plus 5.25% of excess over                                       $22,000 Over $26,000 but not over $40,000     $1,120 plus 5.9% of excess over                                       $26,000 Over $40,000                          $1,946 plus 6.85% of excess over                                       $40,000  (7) For taxable years beginning in nineteen hundred ninety-six:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $16,000     $440 plus 5% of excess over                                       $11,000 Over $16,000 but not over $22,000     $690 plus 6% of excess over                                       $16,000 Over $22,000                          $1,050 plus 7% of excess over                                       $22,000  (8) For taxable years beginning in nineteen hundred ninety-five:  If the New York taxable income is:    The tax is: Not over $13,000                      4.55% of the New York taxable                                       income Over $13,000 but not over $19,000     $592 plus 5.55% of excess over                                       $13,000 Over $19,000 but not over $25,000     $925 plus 6.55% of excess over                                       $19,000 Over $25,000                          $1,318 plus 7.5% of excess over                                       $25,000  (9) For taxable years beginning after nineteen hundred eighty-nine and before nineteen hundred ninety-five:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $16,000     $440 plus 5% of excess over                                       $11,000 Over $16,000 but not over $22,000     $690 plus 6% of excess over                                       $16,000 Over $22,000 but not over $26,000     $1,050 plus 7% of excess over                                       $22,000 Over $26,000                          $1,330 plus 7.875% of excess over                                       $26,000  (b) Resident heads of households. There is  hereby  imposed  for  each taxable  year on the New York taxable income of every resident head of a household a tax determined in accordance with the following tables:  (1) (A) For taxable years beginning  after  two  thousand  eleven  and before two thousand eighteen:  If the New York taxable income is:    The tax is:  Not over $12,000                      4% of taxable income Over $12,000 but not over $16,500     $480 plus 4.5% of excess over                                       $12,000 Over $16,500 but not over $19,500     $683 plus 5.25% of excess over                                       $16,500 Over $19,500 but not over $30,000     $840 plus 5.90% of excess over                                       $19,500 Over $30,000 but not over $100,000    $1,460 plus 6.45% of excess over                                       $30,000 Over $100,000 but not over $250,000   $5,975 plus 6.65% of excess over                                       $100,000 Over $250,000 but not over $1,500,000 $15,950 plus 6.85% of excess over                                       $250,000 Over $1,500,000                       $101,575 plus 8.82% of excess over                                       $1,500,000  (B)(i)  For  taxable  years  beginning  in  two  thousand eighteen the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $32,200     $901 plus 5.9% of excess over $20,900 Over $32,200 but not over $107,650    $1,568 plus 6.33% of excess over                                       $32,200 Over $107,650 but not over $269,300   $6,344 plus 6.57% of excess over                                       $107,650 Over $269,300 but not over $1,616,450 $16,964 plus 6.85% of excess over                                       $269,300 Over $1,616,450                       $109,244 plus 8.82% of excess over                                       $1,616,450  (ii)  For  taxable  years  beginning  in  two  thousand  nineteen  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $32,200     $901 plus 5.9% of excess over $20,900 Over $32,200 but not over $107,650    $1,568 plus 6.21% of excess over                                       $32,200 Over $107,650 but not over $269,300   $6,253 plus 6.49% of excess over                                       $107,650 Over $269,300 but not over $1,616,450 $16,744 plus 6.85% of excess over                                       $269,300 Over $1,616,450                       $109,024 plus 8.82% of excess over                                       $1,616,450  (iii) For taxable years beginning in two thousand twenty the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income  Over $12,800 but not over $17,650     $512 plus 4.5% of excess over $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $32,200     $901 plus 5.9% of excess over $20,900 Over $32,200 but not over $107,650    $1,568 plus 6.09% of excess over                                       $32,200 Over $107,650 but not over $269,300   $6,162 plus 6.41% of excess over                                       $107,650 Over $269,300 but not over            $16,524 plus 6.85% of $1,616,450                            excess over $269,300 Over $1,616,450                       $108,804 plus 8.82% of excess over                                       $1,616,450  (iv)  For  taxable  years  beginning  in  two  thousand twenty-one the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over                                       $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $32,200     $901 plus 5.9% of excess over                                       $20,900 Over $32,200 but not over $107,650    $1,568 plus 5.97% of excess over                                       $32,200 Over $107,650 but not over $269,300   $6,072 plus 6.33% of excess over                                       $107,650 Over $269,300 but not over            $16,304 plus 6.85% of excess over $1,616,450                            $269,300 Over $1,616,450 but not over          $108,584 plus 9.65% of excess over $5,000,000                            $1,616,450 Over $5,000,000 but not over          $435,097 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,495,097 plus 10.90% of excess over                                       $25,000,000  (v) For  taxable  years  beginning  in  two  thousand  twenty-two  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over                                       $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $107,650    $901 plus 5.85% of excess over                                       $20,900 Over $107,650 but not over $269,300   $5,976 plus 6.25% of excess over                                       $107,650 Over $269,300 but not over            $16,079 plus 6.85% of excess $1,616,450                            over $269,300 Over $1,616,450 but not over          $108,359 plus 9.65% of excess over $5,000,000                            $1,616,450 Over $5,000,000 but not over          $434,871 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,494,871 plus 10.90% of excess over                                       $25,000,000  (vi)  For  taxable  years  beginning  in two thousand twenty-three the following rates shall apply:  If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over                                       $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $107,650    $901 plus 5.73% of excess over                                       $20,900 Over $107,650 but not over $269,300   $5,872 plus 6.17% of excess over                                       $107,650 Over $269,300 but not over            $15,845 plus 6.85% of excess $1,616,450                            over $269,300 Over $1,616,450 but not over          $108,125 plus 9.65% of excess over $5,000,000                            $1,616,450 Over $5,000,000 but not over          $434,638 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,494,638 plus 10.90% of excess over                                       $25,000,000  (vii)  For  taxable  years  beginning  in two thousand twenty-four the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over                                       $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $107,650    $901 plus 5.61% of excess over                                       $20,900 Over $107,650 but not over $269,300   $5,768 plus 6.09% of excess over                                       $107,650 Over $269,300 but not over            $15,612 plus 6.85% of excess $1,616,450                            over $269,300 Over $1,616,450 but not over          $107,892 plus 9.65% of excess over $5,000,000                            $1,616,450 Over $5,000,000 but not over          $434,404 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,494,404 plus 10.90% of excess over                                       $25,000,000  (viii) For taxable years beginning after two thousand twenty-four  and before two thousand twenty-eight the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over $17,650     $512 plus 4.5% of excess over                                       $12,800 Over $17,650 but not over $20,900     $730 plus 5.25% of excess over                                       $17,650 Over $20,900 but not over $107,650    $901 plus 5.5% of excess over                                       $20,900 Over $107,650 but not over $269,300   $5,672 plus 6.00% of excess over                                       $107,650 Over $269,300 but not over            $15,371 plus 6.85% of excess over $1,616,450                            $269,300 Over $1,616,450 but not over          $107,651 plus 9.65% of excess over $5,000,000                            $1,616,450 Over $5,000,000 but not over          $434,163 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,494,163 plus 10.90% of excess over                                       $25,000,000  (ix)   For taxable years beginning after two thousand twenty-seven the following rates shall apply: If the New York taxable income is:    The tax is: Not over $12,800                      4% of the New York taxable income Over $12,800 but not over             $512 plus 4.5% of excess over $17,650                               $12,800 Over $17,650 but not over             $730 plus 5.25% of excess over $20,900                               $17,650 Over $20,900 but not over             $901 plus 5.5% of excess over $107,650                              $20,900 Over $107,650 but not over            $5,672 plus 6.00% of excess $269,300                              over $107,650 Over $269,300 but not over            $15,371 plus 6.85% of excess $1,616,450                            over $269,300 Over $1,616,450                       $107,651 plus  8.82% of excess                                       over $1,616,450  (1-a)  For taxable years beginning after two thousand eight and before two thousand twelve:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $15,000     $440 plus 4.5% of excess over                                       $11,000 Over $15,000 but not over $17,000     $620 plus 5.25% of excess over                                       $15,000 Over $17,000 but not over $30,000     $725 plus 5.9% of excess over                                       $17,000 Over $30,000 but not over $250,000    $1,492 plus 6.85% of excess over                                       $30,000 Over $250,000 but not over $500,000   $16,562 plus 7.85% of excess over                                       $250,000 Over $500,000                         $36,187 plus 8.97% of excess over                                       $500,000  (2) For taxable years beginning after two thousand five and before two thousand nine:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $15,000     $440 plus 4.5% of excess over                                       $11,000 Over $15,000 but not over $17,000     $620 plus 5.25% of excess over                                       $15,000 Over $17,000 but not over $30,000     $725 plus 5.9% of excess over                                       $17,000 Over $30,000                          $1,492 plus 6.85% of excess over                                       $30,000  (3) For taxable years beginning in two thousand five:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $15,000     $440 plus 4.5% of excess over                                        $11,000 Over $15,000 but not over $17,000     $620 plus 5.25% of excess over                                       $15,000 Over $17,000 but not over $30,000     $725 plus 5.9% of excess over                                       $17,000 Over $30,000 but not over $125,000    $1,492 plus 6.85% of excess over                                       $30,000 Over $125,000 but not over $500,000   $8,000 plus 7.25% of excess over                                       $125,000 Over $500,000                         $35,187 plus 7.7% of excess over                                       $500,000  (4) For taxable years beginning in two thousand four:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $15,000     $440 plus 4.5% of excess over                                       $11,000 Over $15,000 but not over $17,000     $620 plus 5.25% of excess over                                       $15,000 Over $17,000 but not over $30,000     $725 plus 5.9% of excess over                                       $17,000 Over $30,000 but not over $125,000    $1,492 plus 6.85% of excess over                                       $30,000 Over $125,000 but not over $500,000   $8,000 plus 7.375% of excess over                                       $125,000 Over $500,000                         $35,656 plus 7.7% of excess over                                       $500,000  (5) For taxable years beginning in two thousand three:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $15,000     $440 plus 4.5% of excess over                                       $11,000 Over $15,000 but not over $17,000     $620 plus 5.25% of excess over                                       $15,000 Over $17,000 but not over $30,000     $725 plus 5.9% of excess over                                       $17,000 Over $30,000 but not over $125,000    $1,492 plus 6.85% of excess over                                       $30,000 Over $125,000 but not over $500,000   $8,000 plus 7.5% of excess over                                       $125,000 Over $500,000                         $36,125 plus 7.7% of excess over                                       $500,000  (6)  For taxable years beginning after nineteen hundred ninety-six and before two thousand three:  If the New York taxable income is:    The tax is: Not over $11,000                      4% of the New York taxable                                       income Over $11,000 but not over $15,000     $440 plus 4.5% of excess over                                       $11,000 Over $15,000 but not over $17,000     $620 plus 5.25% of excess over                                        $15,000 Over $17,000 but not over $30,000     $725 plus 5.9% of excess over                                       $17,000 Over $30,000                          $1,492 plus 6.85% of excess over                                       $30,000  (7) For taxable years beginning in nineteen hundred ninety-six:  If the New York taxable income is:    The tax is: Not over $7,500                       4% of the New York taxable                                       income Over $7,500 but not over $11,000      $300 plus 5% of excess over                                       $7,500 Over $11,000 but not over $15,000     $475 plus 6% of excess over                                       $11,000 Over $15,000                          $ 715 plus 7% of excess over                                       $15,000  (8) For taxable years beginning in nineteen hundred ninety-five:  If the New York taxable income is:    The tax is: Not over $9,000                       4.55% of the New York taxable                                       income Over $9,000 but not over $14,000      $410 plus 5.55% of excess over                                       $9,000 Over $14,000 but not over $19,000     $687 plus 6.55% of excess over                                       $14,000 Over $19,000                          $1,015 plus 7.5% of excess over                                       $19,000  (9) For taxable years beginning after nineteen hundred eighty-nine and before nineteen hundred ninety-five:  If the New York taxable income is:    The tax is: Not over $7,500                       4% of the New York taxable                                       income Over $7,500 but not over $11,000      $300 plus 5% of excess over                                       $7,500 Over $11,000 but not over $15,000     $475 plus 6% of excess over                                       $11,000 Over $15,000 but not over $17,000     $715 plus 7% of excess over                                       $15,000 Over $17,000                          $855 plus 7.875% of excess over                                       $17,000  (c)  Resident  unmarried  individuals,  resident  married  individuals filing separate returns and resident estates and trusts. There is hereby imposed for each taxable year on the New York taxable  income  of  every resident  individual  who is not a married individual who makes a single return jointly with his spouse  under  subsection  (b)  of  section  six hundred  fifty-one  or  a  resident  head  of  a household or a resident surviving spouse, and on the New York taxable income of  every  resident estate  and  trust  a  tax  determined  in accordance with the following tables:  (1) (A) For taxable years beginning  after  two  thousand  eleven  and before two thousand eighteen:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of taxable income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                       $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                       $11,000 Over $13,000 but not over $20,000     $560 plus 5.90% of excess over                                       $13,000 Over $20,000 but not over $75,000     $973 plus 6.45% of excess over                                       $20,000 Over $75,000 but not over $200,000    $4,521 plus 6.65% of excess over                                       $75,000 Over $200,000 but not over $1,000,000 $12,833 plus 6.85% of excess over                                       $200,000 Over $1,000,000                       $67,633 plus 8.82% of excess over                                       $1,000,000  (B)(i)  For  taxable  years  beginning  in  two  thousand eighteen the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $21,400     $600 plus 5.9% of excess over                                       $13,900 Over $21,400 but not over $80,650     $1,042 plus 6.33% of excess over                                       $21,400 Over $80,650 but not over $215,400    $4,793 plus 6.57% of excess over                                       $80,650 Over $215,400 but not over $1,077,550 $13,646 plus 6.85% of excess over                                       $215,400 Over $1,077,550                       $72,703 plus 8.82% of excess over                                       $1,077,550  (ii)  For  taxable  years  beginning  in  two  thousand  nineteen  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $21,400     $600 plus 5.9% of excess over                                       $13,900 Over $21,400 but not over $80,650     $1,042 plus 6.21% of excess over                                       $21,400 Over $80,650 but not over $215,400    $4,721 plus 6.49% of excess over                                       $80,650 Over $215,400 but not over $1,077,550 $13,467 plus 6.85% of excess over                                       $215,400 Over $1,077,550                       $72,524 plus 8.82% of excess over                                       $1,077,550  (iii) For taxable years beginning in two thousand twenty the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                        $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $21,400     $600 plus 5.9% of excess over                                       $13,900 Over $21,400 but not over $80,650     $1,042 plus 6.09% of excess over                                       $21,400 Over $80,650 but not over $215,400    $4,650 plus 6.41% of excess over                                       $80,650 Over $215,400 but not over            $13,288 plus 6.85% of excess $1,077,550                            over $215,400 Over $1,077,550                       $72,345 plus 8.82% of excess over                                       $1,077,550  (iv)  For  taxable  years  beginning  in  two  thousand twenty-one the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $21,400     $600 plus 5.9% of excess over                                       $13,900 Over $21,400 but not over $80,650     $1,042 plus 5.97% of excess over                                       $21,400 Over $80,650 but not over $215,400    $4,579 plus 6.33% of excess over                                       $80,650 Over $215,400 but not over            $13,109 plus 6.85% of excess $1,077,550                            over $215,400 Over $1,077,550 but not over          $72,166 plus 9.65% of excess over $5,000,000                            $1,077,550 Over $5,000,000 but not over          $450,683 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,510,683 plus 10.90% of excess over                                       $25,000,000  (v) For  taxable  years  beginning  in  two  thousand  twenty-two  the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $80,650     $600 plus 5.85% of excess over                                       $13,900 Over $80,650 but not over $215,400    $4,504 plus 6.25% of excess over                                       $80,650 Over $215,400 but not over            $12,926 plus 6.85% of excess $1,077,550                            over $215,400 Over $1,077,550 but not over          $71,984 plus 9.65% of excess over $5,000,000                            $1,077,550 Over $5,000,000 but not over          $450,500 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,510,500 plus 10.90% of excess over                                       $25,000,000  (vi)  For  taxable  years  beginning  in two thousand twenty-three the following rates shall apply:  If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $80,650     $600 plus 5.73% of excess over                                       $13,900 Over $80,650 but not over $215,400    $4,424 plus 6.17% of excess over                                       $80,650 Over $215,400 but not over            $12,738 plus 6.85% of excess $1,077,550                            over $215,400 Over $1,077,550 but not over          $71,796 plus 9.65% of excess over $5,000,000                            $1,077,550 Over $5,000,000 but not over          $450,312 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,510,312 plus 10.90% of excess over                                       $25,000,000  (vii)  For  taxable  years  beginning  in two thousand twenty-four the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $80,650     $600 plus 5.61% of excess over                                       $13,900 Over $80,650 but not over $215,400    $4,344 plus 6.09% of excess over                                       $80,650 Over $215,400 but not over            $12,550 plus 6.85% of excess $1,077,550                            over $215,400 Over $1,077,550 but not over          $71,608 plus 9.65% of excess over $5,000,000                            $1,077,550 Over $5,000,000 but not over          $450,124 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,510,124 plus 10.90% of excess over                                       $25,000,000  (viii) For taxable years beginning after two thousand twenty-four  and before two thousand twenty-eight the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $80,650     $600 plus 5.50% of excess over                                       $13,900 Over $80,650 but not over $215,400    $4,271 plus 6.00% of excess over                                       $80,650 Over $215,400 but not over            $12,356 plus 6.85% of excess over $1,077,550                            $215,400 Over $1,077,550 but not over          $71,413 plus 9.65% of excess over $5,000,000                            $1,077,550 Over $5,000,000 but not over          $449,929 plus 10.30% of excess over $25,000,000                           $5,000,000 Over $25,000,000                      $2,509,929 plus 10.90% of excess over                                       $25,000,000  (ix)   For taxable years beginning after two thousand twenty-seven the following rates shall apply: If the New York taxable income is:    The tax is: Not over $8,500                       4% of the New York taxable income Over $8,500 but not over $11,700      $340 plus 4.5% of excess over                                       $8,500 Over $11,700 but not over $13,900     $484 plus 5.25% of excess over                                       $11,700 Over $13,900 but not over $80,650     $600 plus 5.50% of excess over                                       $13,900 Over $80,650 but not over $215,400    $4,271 plus 6.00% of excess                                       over $80,650 Over $215,400 but not over            $12,356 plus 6.85% of excess $1,077,550                            over $215,400 Over $1,077,550                       $71,413 plus 8.82% of excess                                       over $1,077,550  (1-a)  For taxable years beginning after two thousand eight and before two thousand twelve:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of the New York taxable                                       income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                       $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                       $11,000 Over $13,000 but not over $20,000     $560 plus 5.9% of excess over                                       $13,000 Over $20,000 but not over $200,000    $973 plus 6.85% of excess over                                       $20,000 Over $200,000 but not over $500,000   $13,303 plus 7.85% of excess over                                       $200,000 Over $500,000                         $36,853 plus 8.97% of excess over                                       $500,000  (2) For taxable years beginning after two thousand five and before two thousand nine:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of the New York taxable                                       income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                       $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                       $11,000 Over $13,000 but not over $20,000     $560 plus 5.9% of excess over                                       $13,000 Over $20,000                          $973 plus 6.85% of excess over                                       $20,000  (3) For taxable years beginning in two thousand five:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of the New York taxable                                       income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                        $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                       $11,000 Over $13,000 but not over $20,000     $560 plus 5.9% of excess over                                       $13,000 Over $20,000 but not over $100,000    $973 plus 6.85% of excess over                                       $20,000 Over $100,000 but not over $500,000   $6,453 plus 7.25% of excess over                                       $100,000 Over $500,000                         $35,453 plus 7.7% of excess over                                       $500,000  (4) For taxable years beginning in two thousand four:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of the New York taxable                                       income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                       $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                       $11,000 Over $13,000 but not over $20,000     $560 plus 5.9% of excess over                                       $13,000 Over $20,000 but not over $100,000    $973 plus 6.85% of excess over                                       $20,000 Over $100,000 but not over $500,000   $6,453 plus 7.375% of excess over                                       $100,000 Over $500,000                         $35,953 plus 7.7% of excess over                                       $500,000  (5) For taxable years beginning in two thousand three:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of the New York taxable                                       income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                       $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                       $11,000 Over $13,000 but not over $20,000     $560 plus 5.9% of excess over                                       $13,000 Over $20,000 but not over $100,000    $973 plus 6.85% of excess over                                       $20,000 Over $100,000 but not over $500,000   $6,453 plus 7.5% of excess over                                       $100,000 Over $500,000                         $36,453 plus 7.7% of excess over                                       $500,000  (6)  For taxable years beginning after nineteen hundred ninety-six and before two thousand three:  If the New York taxable income is:    The tax is: Not over $8,000                       4% of the New York taxable                                       income Over $8,000 but not over $11,000      $320 plus 4.5% of excess over                                       $8,000 Over $11,000 but not over $13,000     $455 plus 5.25% of excess over                                        $11,000 Over $13,000 but not over $20,000     $560 plus 5.9% of excess over                                       $13,000 Over $20,000                          $973 plus 6.85% of excess over                                       $20,000  (7) For taxable years beginning in nineteen hundred ninety-six:  If the New York taxable income is:    The tax is: Not over $5,500                       4% of the New York taxable                                       income Over $5,500 but not over $8,000       $220 plus 5% of excess over                                       $5,500 Over $8,000 but not over $11,000      $345 plus 6% of excess over                                       $8,000 Over $11,000                          $525 plus 7% of excess over                                       $11,000  (8) For taxable years beginning in nineteen hundred ninety-five:  If the New York taxable income is:    The tax is: Not over $6,500                       4.55% of the New York taxable                                       income Over $6,500 but not over $9,500       $296 plus 5.55% of excess over                                       $6,500 Over $9,500 but not over $12,500      $462 plus 6.55% of excess over                                       $9,500 Over $12,500                          $659 plus 7.5% of excess over                                       $12,500  (9) For taxable years beginning after nineteen hundred eighty-nine and before nineteen hundred ninety-five:  If the New York taxable income is:                            The tax is: Not over $5,500                       4% of the New York taxable                                       income Over $5,500 but not over $8,000       $220 plus 5% of excess over                                       $5,500 Over $8,000 but not over $11,000      $345 plus 6% of excess over                                       $8,000 Over $11,000 but not over $13,000     $525 plus 7% of excess over                                       $11,000 Over $13,000                          $665 plus 7.875% of excess over                                       $13,000  (d)  Tax  table  benefit  recapture. For taxable years beginning after nineteen hundred ninety, there is hereby imposed a supplemental  tax  in addition  to  the tax imposed under subsections (a), (b) and (c) of this section for the purpose of recapturing the benefit  of  the  tax  tables contained in such subsections or section six hundred ninety-nine of this article,  as  the  case  may be. The supplemental tax shall be an amount equal to the sum of the tax table benefits in paragraphs  one,  two  and three  of  this  subsection  multiplied by their respective fractions in such paragraphs provided, however, that paragraph two of this subsection shall not apply to taxpayers that are not subject to the second  highest rate of tax.  (1)  Resident  married  individuals  filing  joint  returns,  resident surviving spouses, resident  heads  of  households,  resident  unmarried individuals,  resident  married  individuals filing separate returns and resident estates and trusts. (A) The tax table benefit is the difference between  (i)  the amount of taxable income set forth in the tax table in subsection (a), (b) or (c), of this section, as the case may be,  or  in section  six hundred ninety-nine, as the case may be, not subject to the 6.85 percent rate of tax for the taxable year multiplied  by  such  rate and  (ii)  the  dollar denominated tax for such amount of taxable income set forth in the tax table applicable to the taxable year in  subsection (a),  (b)  or  (c)  of  this section, as the case may be, or section six hundred ninety-nine, as the case may be.  (B) The fraction is computed as follows: the numerator is  the  lesser of  fifty  thousand  dollars  or  the  excess of New York adjusted gross income for the taxable year over one hundred thousand  dollars  and  the denominator is fifty thousand dollars.  (2)  Resident  married  individuals  filing  joint  returns, surviving spouses, resident heads of households, resident  unmarried  individuals, resident  married  individuals  filing  separate  returns  and  resident estates and trusts. (A) The tax table benefit is the difference  between (i)  the  amount  of  taxable  income  set  forth  in  the  tax table in subsection (a), (b) or (c) of this section, as  the  case  may  be,  not subject  to  the  second  highest  rate  of  tax  for  the  taxable year multiplied by such rate and (ii) the second highest  dollar  denominated tax  for  such  amount  of  taxable  income  set  forth in the tax table applicable to the taxable year in subsection (a), (b)  or  (c)  of  this section, as the case may be, less the tax table benefit in paragraph one of this subsection.  (B)  For taxable years beginning after two thousand two and before two thousand six, the fraction is computed as follows: the numerator is  the lesser  of  fifty  thousand  dollars  or the excess of New York adjusted gross income for the  taxable  year  over  one  hundred  fifty  thousand dollars and the denominator is fifty thousand dollars. For taxable years beginning  after  two thousand eight and before two thousand twelve, the fraction is computed as follows: the numerator is the  lesser  of  fifty thousand dollars or the excess of New York adjusted gross income for the taxable  year over three hundred thousand dollars and the denominator is fifty thousand dollars.  (C) This paragraph shall only apply to taxable years  beginning  after two  thousand  two  and  before  two thousand six and after two thousand eight and before two thousand twelve.  (3) Resident  married  individuals  filing  joint  returns,  surviving spouses,  resident  heads of households, resident unmarried individuals, resident  married  individuals  filing  separate  returns  and  resident estates  and trusts. (A) The tax table benefit is the difference between (i) the amount  of  taxable  income  set  forth  in  the  tax  table  in subsection  (a),  (b)  or  (c)  of this section, as the case may be, not subject to the highest rate of tax for the taxable  year  multiplied  by such  rate  and (ii) the highest dollar denominated tax set forth in the tax table applicable to the taxable year in subsection (a), (b)  or  (c) of  this  section,  as  the  case  may be, less the sum of the tax table benefits in paragraphs one and two of this subsection.  (B) For such taxpayers with adjusted gross income  over  five  hundred thousand  dollars,  for taxable years beginning after two thousand eight and before two thousand twelve, the fraction is computed as follows: the numerator is the lesser of fifty thousand dollars or the excess  of  New York  adjusted  gross  income  for  the  taxable  year over five hundred thousand  dollars  and  the  denominator  is  fifty  thousand   dollars.  Provided,  however,  that  the total tax prior to the application of any tax credits shall not exceed the highest rate of tax set  forth  in  the tax table in subsection (a) of this section multiplied by the taxpayer's taxable income.  (C)  This  paragraph shall only apply to taxable years beginning after two thousand two and before two thousand  six  and  after  two  thousand eight and before two thousand twelve.  (d-1)  Alternative  tax  table  benefit recapture. Notwithstanding the provisions  of  subsection  (d)  of  this  section,  for  taxable  years beginning   after  two  thousand  eleven,  there  is  hereby  imposed  a supplemental tax in addition to the tax imposed under  subsections  (a), (b)  and  (c) of this section for the purpose of recapturing the benefit of the tax tables contained in such subsections.  During  these  taxable years,  any  reference in this chapter to subsection (d) of this section shall be read as a reference to this subsection.  (1) For resident married individuals filing joint returns and resident surviving spouses, the supplemental tax shall be an amount equal to  the sum  of  the tax table benefits described in subparagraphs (A), (B), (C) and (D) of this paragraph multiplied by their  respective  fractions  in such subparagraphs. Furthermore, in making the calculations described in these  subparagraphs  in  taxable  years  beginning  after  tax year two thousand seventeen, the applicable tax rates specified  in  subparagraph (B)  of  paragraph  one  of  subsection  (a)  of  this  section shall be substituted for the rates referenced in these subparagraphs.  (A) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a)  of this section not subject to the 6.45 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the taxable year in paragraph one of subsection (a) of this section. The fraction for this subparagraph is computed as follows: the numerator is the lesser of fifty thousand  dollars  or  the  excess  of  New  York adjusted  gross  income  for  the taxable year over one hundred thousand dollars and the denominator is fifty thousand dollars.  (B) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a)  of this section not subject to the 6.65 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the tax table benefit in subparagraph (A) of  this  paragraph.  The fraction  for this subparagraph is computed as follows: the numerator is the lesser of fifty thousand dollars or the excess of New York  adjusted gross  income  for  the  taxable  year  over  one hundred fifty thousand dollars  and  the  denominator  is  fifty  thousand  dollars.  Provided, however,  this  subparagraph  shall  not  apply to taxpayers who are not subject to the 6.65 percent tax rate.  (C) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a)  of this section not subject to the 6.85 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefit in subparagraphs (A)  and  (B)  of this  paragraph.  The  fraction  for  this  subparagraph  is computed as follows: the numerator is the lesser of fifty thousand  dollars  or  the excess of New York adjusted gross income for the taxable year over three hundred  thousand dollars and the denominator is fifty thousand dollars.  Provided, however, this subparagraph shall not apply  to  taxpayers  who are not subject to the 6.85 percent tax rate.  (D)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 8.82 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (a) of  this  section less the sum of the tax table benefits in subparagraphs (A), (B) and (C) of  this  paragraph.  The  fraction for this subparagraph is computed as follows: the numerator is the lesser of fifty thousand  dollars  or  the excess  of  New York adjusted gross income for the taxable year over two million dollars and the denominator  is  fifty  thousand  dollars.  This subparagraph  shall  apply  only  to taxable years beginning on or after January first,  two  thousand  twelve  and  before  January  first,  two thousand  twenty-one  and  for  tax  years beginning on or after January first, two thousand twenty-eight.  (E) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a)  of this section not subject to the 9.65 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefits in subparagraphs  (A),  (B),  and (C) of this paragraph. The fraction for this subparagraph is computed as follows: the numerator is the lesser of fifty thousand dollars or excess of  New York adjusted gross income for the taxable year over two million dollars and the denominator is fifty thousand dollars. This subparagraph shall apply only to the taxable years  beginning  on  or  after  January first,  two  thousand  twenty-one and before January first, two thousand twenty-eight.  (F) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 10.30 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (a) of  this  section less  the  sum  of the tax table benefits in subparagraphs (A), (B), (C) and (E) of  this  paragraph.  The  fraction  for  this  subparagraph  is computed  as  follows:  the  numerator  is  the lesser of fifty thousand dollars or excess of New York adjusted gross income for the taxable year over five million dollars and the denominator is fifty thousand dollars. This subparagraph shall apply only to the taxable years beginning on  or after  January  first, two thousand twenty-one and before January first, two thousand twenty-eight.  (G) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 10.90 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (a) of  this  section less  the  sum of the tax table benefits in subparagraphs (A), (B), (C), (E) and (F) of this paragraph. The fraction  for  this  subparagraph  is computed  as  follows:  the  numerator  is  the lesser of fifty thousand dollars or excess of New York adjusted gross income for the taxable year over twenty-five million dollars and the denominator is  fifty  thousand dollars.  This  subparagraph  shall  apply  only  to  the  taxable years  beginning on or after January first, two thousand twenty-one and  before January first, two thousand twenty-eight.  (H)  Provided,  however, the total tax prior to the application of any tax credits shall not exceed the highest rate of tax set  forth  in  the tax  tables  in  subsection  (a)  of  this  section  multiplied  by  the taxpayer's taxable income.  (2) For resident heads of households, the supplemental tax shall be an amount equal  to  the  sum  of  the  tax  table  benefits  described  in subparagraphs  (A),  (B)  and  (C) of this paragraph multiplied by their respective fractions in such subparagraphs. Furthermore, in  making  the calculations described in these subparagraphs in taxable years beginning after  tax  year  two  thousand  seventeen,  the  applicable  tax  rates specified in subparagraph (B) of paragraph one of subsection (b) of this section  shall  be  substituted  for  the  rates  referenced  in   these subparagraphs.  (A)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (b) of this section not subject to the 6.65 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (b) of this  section. The fraction for this subparagraph is computed as follows: the numerator is  the  lesser  of  fifty  thousand  dollars  or the excess of New York adjusted gross income for the taxable year  over  one  hundred  thousand dollars and the denominator is fifty thousand dollars.  (B)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (b) of this section not subject to the 6.85 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (b) of  this  section less  the  tax  table benefit in subparagraph (A) of this paragraph. The fraction for this subparagraph is computed as follows: the numerator  is the  lesser of fifty thousand dollars or the excess of New York adjusted gross income for the  taxable  year  over  two  hundred  fifty  thousand dollars  and  the  denominator  is  fifty  thousand  dollars.  Provided, however, this subparagraph shall not apply  to  taxpayers  who  are  not subject to the 6.85 percent tax rate.  (C)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (b) of this section not subject to the 8.82 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (b) of  this  section less  the  sum of the tax table benefits in subparagraphs (A) and (B) of this paragraph. The  fraction  for  this  subparagraph  is  computed  as follows:  the  numerator  is the lesser of fifty thousand dollars or the excess of New York adjusted gross income for the taxable year  over  one million  five  hundred  thousand  dollars  and  the denominator is fifty thousand dollars. This subparagraph shall apply only  to  taxable  years beginning  on  or  after  January  first, two thousand twelve and before January first, two thousand twenty-one and for tax years beginning on or after January first, two thousand twenty-eight.  (D) The tax table benefit is the difference between (i) the amount  of taxable income set forth in the tax table in paragraph one of subsection (a)  of this section not subject to the 9.65 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable  to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefits in subparagraphs (A) and  (B)  of this  paragraph.  The  fraction  for  this  subparagraph  is computed as follows: the numerator is the lesser of fifty thousand dollars or excess of  New York adjusted gross income for the taxable year over one million five hundred thousand dollars and  the  denominator  is  fifty  thousand dollars.  This  subparagraph  shall  apply  only  to  the  taxable years beginning on or after January first, two thousand twenty-one and  before January first, two thousand twenty-eight.  (E)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 10.30 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefits in subparagraphs (A), (B) and (D) of this paragraph. The fraction for this  subparagraph  is  computed  as follows: the numerator is the lesser of fifty thousand dollars or excess of New York adjusted gross income for the taxable year over five million dollars and the denominator is fifty thousand dollars. This subparagraph shall  apply  only  to  the  taxable years beginning on or after January first, two thousand twenty-one and before January  first,  two  thousand twenty-eight.  (F)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 10.90 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefits in subparagraphs  (A),  (B),  (D) and  (E)  of  this  paragraph.  The  fraction  for  this subparagraph is computed as follows: the numerator  is  the  lesser  of  fifty  thousand dollars or excess of New York adjusted gross income for the taxable year over  twenty-five  million dollars and the denominator is fifty thousand dollars. This  subparagraph  shall  apply  only  to  the  taxable  years beginning  on or after January first, two thousand twenty-one and before January first, two thousand twenty-eight.  (G) Provided, however, the total tax prior to the application  of  any tax  credits  shall  not exceed the highest rate of tax set forth in the tax  tables  in  subsection  (b)  of  this  section  multiplied  by  the taxpayer's taxable income.  (3)  For  resident unmarried individuals, resident married individuals filing  separate  returns  and  resident   estates   and   trusts,   the supplemental  tax  shall  be an amount equal to the sum of the tax table benefits described in subparagraphs (A), (B) and (C) of  this  paragraph multiplied   by   their  respective  fractions  in  such  subparagraphs. Furthermore, in making the calculations described in these subparagraphs in taxable years beginning after tax year two  thousand  seventeen,  the applicable  tax  rates specified in subparagraph (B) of paragraph one of subsection (c) of this  section  shall  be  substituted  for  the  rates referenced in these subparagraphs.  (A)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (c) of this section not subject to the 6.65 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (c) of this  section. The  fraction  is  computed  as  follows: the numerator is the lesser of  fifty thousand dollars or the excess of New York adjusted  gross  income for  the  taxable  year  over  one  hundred  thousand  dollars  and  the denominator is fifty thousand dollars.  (B)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (c) of this section not subject to the 6.85 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (c) of  this  section less  the  tax  table benefit in subparagraph (A) of this paragraph. The fraction for this subparagraph is computed as follows: the numerator  is the  lesser of fifty thousand dollars or the excess of New York adjusted gross income for the taxable year over two hundred thousand dollars  and the  denominator  is  fifty  thousand  dollars.  Provided, however, this subparagraph shall not apply to taxpayers who are  not  subject  to  the 6.85 percent tax rate.  (C)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (c) of this section not subject to the 8.82 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (c) of  this  section less  the  sum of the tax table benefits in subparagraphs (A) and (B) of this paragraph. The  fraction  for  this  subparagraph  is  computed  as follows:  the  numerator  is the lesser of fifty thousand dollars or the excess of New York adjusted gross income for the taxable year  over  one million  dollars  and  the  denominator  is fifty thousand dollars. This subparagraph shall apply only to taxable years  beginning  on  or  after January  first,  two  thousand  twelve  and  before  January  first, two thousand twenty-one and for tax years  beginning  on  or  after  January first, two thousand twenty-eight.  (D)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 9.65 percent rate of tax for  the taxable year multiplied by such rate and (ii) the dollar denominated tax for  such amount of taxable income set forth in the tax table applicable to the taxable year in paragraph one of subsection (a) of  this  section less  the  sum of the tax table benefits in subparagraphs (A) and (B) of this paragraph. The  fraction  for  this  subparagraph  is  computed  as follows: the numerator is the lesser of fifty thousand dollars or excess of  New York adjusted gross income for the taxable year over one million five hundred thousand dollars and  the  denominator  is  fifty  thousand dollars.  This  subparagraph  shall  apply  only  to  the  taxable years beginning on or after January first, two thousand twenty-one and  before January first, two thousand twenty-eight.  (E)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 10.30 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefits in subparagraphs (A), (B) and (D) of this paragraph. The fraction for this  subparagraph  is  computed  as follows: the numerator is the lesser of fifty thousand dollars or excess of New York adjusted gross income for the taxable year over five million dollars and the denominator is fifty thousand dollars. This subparagraph shall  apply  only  to  the  taxable years beginning on or after January  first, two thousand twenty-one and before January  first,  two  thousand twenty-eight.  (F)  The tax table benefit is the difference between (i) the amount of taxable income set forth in the tax table in paragraph one of subsection (a) of this section not subject to the 10.90 percent rate of tax for the taxable year multiplied by such rate and (ii) the dollar denominated tax for such amount of taxable income set forth in the tax table  applicable to  the  taxable year in paragraph one of subsection (a) of this section less the sum of the tax table benefits in subparagraphs  (A),  (B),  (D) and  (E)  of  this  paragraph.  The  fraction  for  this subparagraph is computed as follows: the numerator  is  the  lesser  of  fifty  thousand dollars or excess of New York adjusted gross income for the taxable year over  twenty-five  million dollars and the denominator is fifty thousand dollars. This  subparagraph  shall  apply  only  to  the  taxable  years beginning  on or after January first, two thousand twenty-one and before January first, two thousand twenty-eight.  (G) Provided, however, the total tax prior to the application  of  any tax  credits  shall  not exceed the highest rate of tax set forth in the tax  tables  in  subsection  (c)  of  this  section  multiplied  by  the taxpayer's taxable income.  (e) Nonresidents and part-year residents. (1) General. There is hereby imposed  for  each  taxable  year on the taxable income which is derived from sources in this state of every nonresident and  part-year  resident individual  and  trust and every nonresident estate a tax which shall be equal to the tax base multiplied by the New York source fraction.  (2) Tax base. The tax base is the tax computed under  subsections  (a) through  (d) of this section, as the case may be, reduced by the credits permitted under subsections (b), (c), (d) and (m) of section six hundred six, as if such nonresident or part-year resident individual, estate  or trust  were  a  resident  subject  to  the provisions of part II of this article.  (3) New York source fraction.  The  New  York  source  fraction  is  a fraction  the  numerator  of  which  is  such  individual's, estate's or trust's New York source income determined in accordance with part III of this article and the denominator of which is such individual's New  York adjusted  gross  income  determined  in  accordance with part II of this article or such estate's or  trust's  New  York  adjusted  gross  income determined under paragraph four of this subsection.  (4)  New  York  adjusted  gross income of an estate or trust. New York adjusted gross income of an estate or trust means its  federal  adjusted gross  income, determined under subsection (e) of section sixty-seven of the internal revenue code, with the modifications  provided  in  section six  hundred  eighteen,  other  than  that  portion  of the modification provided in subsection  three  thereof  which  relates  to  section  six hundred fifteen.  (f)  Partners  and  partnerships.  A  partnership as such shall not be subject to tax under this  article.  Persons  carrying  on  business  as partners  shall  be  liable  for  tax  under  this article only in their separate or individual capacities. As used in  this  article,  the  term "partnership"  shall  include,  unless  a  different  meaning is clearly required, a subchapter K limited liability company. The term "subchapter K limited liability company" shall  mean  a  limited  liability  company classified  as  a  partnership for federal income tax purposes. The term "limited liability company" means a domestic limited  liability  company or  a  foreign  limited  liability  company,  as  defined in section one hundred two of the limited liability company law,  a  limited  liability investment  company formed pursuant to section five hundred seven of the  banking law, or a limited liability trust  company  formed  pursuant  to section one hundred two-a of the banking law.  (g)  Associations  taxable  as  corporations. An association, trust or other unincorporated organization which is taxable as a corporation  for federal  income  tax  purposes  shall  not  be subject to tax under this article.  (h) Exempt trusts and organizations. A trust or  other  unincorporated organization  which  by  reason  of its purposes or activities is exempt from federal income tax shall be exempt  from  tax  under  this  article (regardless  of  whether  subject  to  federal  and  state income tax on unrelated business taxable income).  (i) Cross references. For definitions of New York taxable income of:  (1) Resident individual, see section six hundred eleven.  (2) Resident estate or trust, see section six hundred eighteen.