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  
 
PDA

r_punnoose
Mar 27, 2007, 12:22 PM
Hello,

I am in the process of going on several job interviews - all of which are in new york city. I realize that at least $5K of my salary would be going towards travel. However, my concern is double taxes. Currently, I make $55K and while the jobs offer more money (one offers $63K and the other low to mid 70s), I wonder if it is pointless to consider them b/c of the double taxes I may have to pay. How does this work?

Debating in NJ
AtlantaTaxExpert
Mar 30, 2007, 12:20 PM
There is no double taxation.

When you file the NY return, you will pay the taxes for income earned in NY.

When you file the NJ return, NJ gives you a credit for the taxes paid to NY. Since NY tax rates are higehr than NJ, the credit normaly COMPLETELY OFFSETS any NJ taxes owed.

Have ONLY NY taxes withheld when you begin working in NY.