My New York City tax was much higher this pay cycle (June). Anyone know why?

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Posting as :
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Did your Company’s FYE on June 30?

You probably hit your annual max limit on social security tax. Check your fed oasdi/ee line item on your pay stub between last month vs this

Yes. It’s taxable up to a maximum income of $147K. So you’re taxed on SS up until this limit at 6.2%, so any income above that amount does not have any additional SS tax. OP is likely a manager or senior associate and received his/her 2021 bonus this year + ~6 months of wages

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