Current Fica Rate 2024 Ny. The current social security tax rate is 6.2% for both employees and employers. Ny state tax rates are 4%, 4.5%, 5.25%, 5.5%, 6%, 6.85%, 9.5%, 10.3% and 10.9%.
These taxes comprise fica (federal insurance. On the other hand, fica taxes are deducted at a flat rate.