Ask Experts Questions for FREE Help !
Ask
    HeLLoKiDDy's Avatar
    HeLLoKiDDy Posts: 5, Reputation: 1
    New Member
     
    #1

    Aug 16, 2007, 11:35 AM
    New Employee to Work in NYC and Reside in CT
    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    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's Avatar
    HeLLoKiDDy Posts: 5, Reputation: 1
    New Member
     
    #3

    Aug 16, 2007, 12:10 PM
    Quote Originally Posted by HeLLoKiDDy
    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's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Aug 17, 2007, 08:02 AM
    Glad to help!

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!

I work In NJ but live in NYC [ 3 Answers ]

HI I work in NJ with live in NYC what should be with held from my pay check I want to have this right so that I don't have to pay NY over $1,000.00 again :confused:

Live in NJ Work in NYC [ 2 Answers ]

Hello, All! I have a silly question to ask. I live in NJ and work in NYC. Do I have to file state taxes with NJ and NY or is filing with NJ sufficient?

Live in NYC, work in DC [ 1 Answers ]

I just took a job in DC. During the week I stay with friends in MD and work in DC then travel home to my apt in NYC on the weekends. For which state(s) do I file taxes? Thanks!

Work in NJ live in NYC [ 1 Answers ]

I work in NJ but live in NYC. I am confused over what forms I need to fill out. I believe I have made an error in that I have filed NJ state tax using the over the phone service. Now I am told that I should have filed as a nonresident in NJ which would have gotten me all of my NJ withheld tax...


View more questions Search