Tax Advantage to Living In New Jersey & Working in Manhattan
I was wondering what are the tax advantages to living in New Jersey and working in Manhattan. In particular:
(1) Is it true that by living in NJ and working in Manhattan, one does not have to pay New York city tax? Nor pay Yonkers taxes? So that the only non-federal tax for such a person would effectively be New York state tax?
(2) Is it also the case that by living in New Jersey and working in Manhattan, one is not effectively subjected to ANY New Jersey state taxes?
Thanks.