Ask Experts Questions for FREE Help !
Ask
    mooreiv's Avatar
    mooreiv Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 20, 2007, 12:31 PM
    Taxes on wages
    How are the taxes figured whe one lives in New york city while working in New Jersey for a NJ firm
    delite's Avatar
    delite Posts: 202, Reputation: 3
    Full Member
    		  
    #2

    Jul 21, 2007, 09:08 AM
    Quote Originally Posted by mooreiv
    how are the taxes figured whe one lives in New york city while working in New Jersey for a NJ firm
    Employer required to withhold and you are required to file NJ tax return for earned income. NY will allow a credit for NJ tax paid.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Jul 21, 2007, 10:53 AM
    Delite has it right, but since NY and NYC tax rates are a LOT higher than NJ, you will need to have income taxes for BOTH NY state and NYC withheld as well.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Social security wages, medicare wages [ 3 Answers ]

Hi, I am an international student in the US on F-1 visa. I have filed federal tax returns twice and NY state tax returns once preciously. Both times my W-2 did not show social security wages or medicare wages (and the tax withheld for each of these). However, this year my W-2 shows figures on...

Salary and wages [ 1 Answers ]

Differentiate between salary and wage

Wages [ 2 Answers ]

I am a salaried teacher at a small charter school on a reservation. I would like to know if it is legal to deduct money from my paycheck if I am 15 minutes late, even though I might work hours beyond my scheduled work hours? Also is it legal to require salaried employees to sign in and out as well...

Garnishment of wages [ 1 Answers ]

In the state of Pennsylvania who can garnish wages

View more questions Search