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Department of Taxation and Finance

Estimated tax law changes

The 2021-2022 New York State budget replaced the highest personal income tax bracket and rate for 2021 with three new brackets and rates. To determine if these changes will affect your 2021 estimated tax payments, see Estimated tax law changes. If you need to adjust already-scheduled payments due to the new brackets and rates, you may cancel and resubmit your scheduled estimated tax payments.

Changes for 2021

  • The Tax Department revised the 2021 instructions for Forms IT-2105, Estimated Tax Payment Voucher for Individuals, and IT-2106, Estimated Income Tax Payment Voucher for Fiduciaries, in May 2021. The New York State tax rate schedules and tax computation worksheets in these instructions have been updated to reflect new tax brackets and rates due to legislative changes in the 2021-2022 New York State Budget enacted on April 19, 2021. These legislative amendments replaced the highest personal income tax bracket and rate for 2021 with three new brackets and rates.

    These changes may require the following taxpayers to pay increased amounts of estimated tax:
    • married taxpayers who file jointly and qualified widow(er)s with income over $2,155,350;
    • single filers and married taxpayers filing separately with income over $1,077,550;
    • heads of households with income over $1,616,450; and
    • estates and trusts with income over $1,077,550.
  • The New York State tax rate schedules in the 2021 instructions for Forms IT-2105, Estimated Tax Payment Voucher for Individuals, and IT-2106, Estimated Income Tax Payment Voucher for Fiduciaries, also reflect the continued middle class tax rate reductions enacted under Chapter 60 of the Laws of 2016 (Part TT).

Determine the estimated tax amount that you should pay by completing:

  • Form IT-2105-I, Instructions for Form IT-2105, Estimated Tax Payment Voucher for Individuals
  • Form IT-2106-I, Instructions for Form IT-2106, Estimated Income Tax Payment Voucher for Fiduciaries

More information

Updated: