View Full Version : New Employee to Work in NYC and Reside in CT
HeLLoKiDDy
Aug 16, 2007, 11:35 AM
I just recently got hired by a company in NY. I currently reside in the state of MD and plan to relocate to CT and commute to NY.
The company has sent to me employee enrollment forms...
I am crossed as to which address I should indicate on the forms (i.e. W-4 form, NY State, City of NY, and City of Yonkers Certificate of Nonresidence and Allocation of Withhold Tax form, Employee's Withholding Allowance Certificate form).
My start date has not been determined nor has new place of residence.
What am I to do?
Please advise, thanks!
AtlantaTaxExpert
Aug 16, 2007, 11:56 AM
Indicate your current address. You can change it once you get settled in your new home.
You will have to pay NY state taxes, because that is where you will be working, so have NY state taxes withheld.
If you are working in Yonkers or New York City, you do NOT have to pay taxes in those cities unless you also live there.
You will be liable for income taxes for Connecticut as well, but CT will allow you a credit for the NY taxes paid. However, the credit is NOT as generous as the one offered by NJ, so you need to have some taxes withheld for CT as well as NY.
For 2007, you will need to file THREE state tax returns (NY, CT, MD) in addition to your federal return. For 2008 onward, two state tax returns (for NY and CT) will be required.
STRONGLY SUGGEST you use a tax professional when you file for 2007.
HeLLoKiDDy
Aug 16, 2007, 12:10 PM
I just recently got hired by a company in NY. I currently reside in the state of MD and plan to relocate to CT and commute to NY.
The company has sent to me employee enrollment forms...
I am crossed as to which address I should indicate on the forms (i.e. W-4 form, NY State, City of NY, and City of Yonkers Certificate of Nonresidence and Allocation of Withhold Tax form, Employee's Withholding Allowance Certificate form).
My start date has not been determined nor has new place of residence.
What am I to do?
Please advise, thanks!
Thank you AtlantaTaxExpert!
AtlantaTaxExpert
Aug 17, 2007, 08:02 AM
Glad to help!