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    mschick's Avatar
    mschick Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 16, 2006, 12:08 PM
    Living in NY working in NJ
    What type of taxes will I have living in NY and working in NJ? Do I get taxed twice or what? Why do I have to pay taxes in NY if I'm in NJ? Im confused about this whole thing is it worth living in NY and working in NJ?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Sep 16, 2006, 07:26 PM
    You pay NY taxes because you work there.

    NJ gives you a full credit for the NY taxes paid. Since NY tax rates are higher than NJ, that effectively erases your NJ tax liability.
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