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us-ny/guidance/dtf/nys-50/2024-12 — 2024 Form NYS-50, Employer's Guide to Unemployment Insurance, Wage Reporting, and Withholding Tax (12/24) · Axiom
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Nys 50
2024 Form NYS-50, Employer's Guide to Unemployment Insurance, Wage Reporting, and Withholding Tax (12/24)
Notification of charges
Exceptions to the general charging formula
Recalculation of experience rating charges
Effect of charges on UI rates
A. Purpose
B. Employer for wage reporting purposes
C. Liable employer
D. Employers of household help
E. Employees who must be included in wage reports
F. Employment
G. Gross wages for purposes of wage reporting
H. Electronic (e-file) mandate for reporting wage information
I. Quarterly wage and withholding totals
A. Purpose
B. Employer for withholding purposes
C. New York State employer’s identification number
D. Personal responsibility
E. Income subject to withholding
F. New York State resident employees
G. New York City resident employees
H. Yonkers resident employees
I. New York State nonresident employees
Services performed partly in New York State
Services performed in Yonkers by a nonresident of Yonkers
Services performed partly in Yonkers
Earnings within Yonkers of less than $3,000
K. Form IT-2104.1, New York State, City of New York, and City of Yonkers Certificate of Nonresidence and Allocation of Withholding Tax
New York State resident employees
New York State nonresident employees
Employer’s responsibility for withholding
M. Supplemental wage payments
Supplemental wages combined with regular wages
Supplemental wages identified separately from regular wages
Interstate rail, motor, and motor private carriers
Interstate air carriers
Withholding requirements for sailors
O. Nonresident alien (non-U.S. resident) employees entitled to tax treaty benefits
P. Determining withholding tax
Additional withholding requested on Form IT-2104
Income tax withholding from annuities
Q. Employee’s withholding allowance certificate
Federal Form W-4s provided to employers prior to tax year 2020
Federal Form W-4s provided to employers for tax year 2020 or later
R. Voluntary withholding agreements
S. Certificate of exemption from withholding
T. Submitting certificates to the Tax Department
Filing requirements
Payment filing frequency
When returns are due
Mergers, acquisitions, and successor information
Federal audit changes
Employees without SSN
V. Seasonal employers
W. Correcting mistakes in withholding from the employee
Undercollections
Overcollections
X. Payroll reporting or service agencies
Form W-2, Wage and Tax Statement
Employer requirements concerning the reporting of New York State, New York City, and Yonkers wages on federal Form W-2
Undeliverable forms
Z. Records to be kept
AA. Electronic (e-file) mandate of quarterly combined withholding, wage, and UI returns
Private delivery services
BB. PrompTax Program
Summary of Penalties
Failure to file Form NYS-45
Late filed Form NYS-45
Failure to provide complete and correct quarterly employee withholding reconciliation information
Late filing of employee withholding reconciliation information
Failure to provide complete and correct quarterly withholding information unrelated to individual employees
Failure to file using prescribed format
Penalties for failing to electronically file
Late filing penalty
Late payment penalty
New hire reporting penalties
Withholding tax fraud
Willful failure to collect and pay over tax
Individual penalties
Criminal penalties
UI failure to file penalty
SUTA dumping penalties
Wage reporting accuracy
UI fraud
Additional assessments under the New York State Construction Industry Fair Play Act
Penalties
Posting
Additional assessments under the New York State Commercial Goods Transportation Industry Fair Play Act
Penalties
Posting
Important UI, withholding tax, and wage reporting dates*
UI, wage reporting, and withholding tax requirements for certain items of income
New hire reporting requirements
Reporting Methods
Multistate employers
Seasonal employees and employees recalled from layoffs
Temporary employees
Placement agencies
Teachers and professional athletes
6. Need help?
New York State Department of Taxation and Finance
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