Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 

marina_a
Dec 27, 2006, 10:39 AM
Hello,
I moved to NJ in september. Work in Manhattan. primary residence for 2006 was New York. untill now i paid NY state and NYC taxes.

1. will i receive a return for the period of sep-dec 2006?
2. what NJ taxes should i pay starting from next year?

thanks, marina

AtlantaTaxExpert
Dec 27, 2006, 04:01 PM
Marina:

If you work in NY state, you will owe NY state income taxes as a part-year resident, and they have first call on your wages.

You will pay NYC taxes as a part-year resident as well.

You will need to file a NJ tax return, but have no taxes withheld! The reason you want no taxes withheld is because the NY state income tax rates are higher than NJ tax rates. NJ gives you a dollar-for-dollar credit for the NY state taxes you pay. Hence, you will owe ZERO NJ taxes. You should file to avoid problems with NJ, and to collect the renters rebate, which will be about $50 per year even you have had no taxes withheld and owe no tax liability.

Contact me at david.kempe@<hidden> if you have further questions or if you wish to receive professional tax services.