live in nj workin in nyc own a 2nd home in nyc

prjewel55 · #1 Apr 12, 2007, 05:22 PM

i recently moved to nj oct. 06. i continue to work in nyc as a teacher my husband a paramedic in brooklyn. we also own our prior home a 3 fam building in brooklyn, ny. should we fill out taxes in nj and if we don't does that affect our property tax break(nj) or property tax Rebate(nj)?

ebaines · Apr 13, 2007, 07:39 AM

Yes, you fill out NJ tax forms as a part-year resident (Oct - Dec), and NY as a part year resident (Jan - Sep) and non-resident (Oct - Dec). Complete the NY IT-203 non-resident and part-year resident return first. Then do the NJ-1040, and you'll see that you take a credit for taxes paid to NY, so that you don't double pay.



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. Sign Up!