Self-Employment Tax for New York (2026)
New York (NY) Key Facts
Federal S E Tax Rate
15.3%
State Income Tax Rate
10.9%
Combined S E + State Rate
26.2%
S E Tax Components
12.4% Social Security + 2.9% Medicare
How This Calculator Works in New York
This calculator estimates your total self-employment tax in New York, including the federal 15.3% SE tax and New York's state income tax. Enter your net SE income to see your liability.
New York Overview
Self-employed workers in New York pay the federal 15.3% SE tax plus state income tax at up to 10.9%, for a combined burden of approximately 26.2%. Self-employed NYC residents face the unincorporated business tax (UBT) of 4% on net income above $95,000. Combined with state income tax up to 10.9% and NYC tax, the total burden can exceed 30%.
How New York Compares
New York's combined SE burden of 26.2% compares to New Jersey at 26.1% and Connecticut at 22.3%. State income tax creates meaningful differences between states.
| State | Top Rate | Notes |
|---|---|---|
| New Jersey | 10.75% | New Jersey has a state income tax on SE income rate of 10.75%. |
| Connecticut | 6.99% | Connecticut has a state income tax on SE income rate of 6.99%. |
| Pennsylvania | 3.07% | Pennsylvania has a state income tax on SE income rate of 3.07%. |
New York's state income tax on SE income rate of 10.9% compares to a national average of approximately 5.04%. This is above the national average.
Tips for New York Residents
- 1Federal self-employment tax is 15.3% (12.4% Social Security + 2.9% Medicare) regardless of state.
- 2New York adds state income tax at up to 10.9% on self-employment income, for a combined rate of about 26.2%.
- 3Self-employed NYC residents face the unincorporated business tax (UBT) of 4% on net income above $95,000. Combined with state income tax up to 10.9% and NYC tax, the total burden can exceed 30%.
- 4Deduct half of your SE tax on your federal return and track all business expenses to minimize net self-employment income.
- 5Consider whether an S-Corp election could reduce your SE tax burden if your net income exceeds $50,000-$60,000.