PERSonalTime
Recycles dryer sheets
- Joined
- Jan 19, 2014
- Messages
- 456
If you live in New Jersey and work in New York, which state would you file state income tax in?
Alan,
Thanks for the answer. Good to know there's no double taxation involved.
For 8 years (2001-2008), I worked in New Jersey as I lived in New York. I had to file a NJ non-resident form along with my regular NY resident form. Because NJ's tax rates are lower than those in NY, the NJ taxes carved out a portion of NY's.
In your case, as I recall hearing from my NJ coworkers when my company was in NY prior to 2001, they filed a NY non-resident form whose taxes owed were more than what their NJ bill was. This lowered their NJ tax bill to zero but they could not claim a "refund" because they owed more to NY than what their NJ tax bill was. Those people were happy when my company moved to NJ because their total state income tax bill went down.
I think the common thread between what we did was to file the non-resident return first, then the resident return.
Everyone, thank you for your informative responses. You've given me alot to work with!