Ask Experts Questions for FREE Help !
Ask
    TAZ1957's Avatar
    TAZ1957 Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 26, 2013, 05:32 AM
    Working in New Jersey and living in ny withholdng
    I am starting a job in New Jersey and I live in westchester New York.

    Will I be paying only New Jersey withholding in my paycheck?

    Or will I be paying both ny and nj?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #2

    Sep 26, 2013, 05:45 AM
    You may do either. At the very least you will have NJ taxes withheld. If the job is your only source of income then you are unlikely to owe much (if any) NY income tax, so no point in having that withheld as well. However, if you have other sources of NY-based income that would otherwise not have any NY income tax withheld - such as dividends, capital gains, etc - you may elect to also have some NY taxes withheld, although in general for this situation I would recommend filing NY state estimated income taxes each quarter instead - this gives you much better control over how much you're paying to ensure you don't pay too much nor too little.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Sep 26, 2013, 08:46 AM
    What ebaines recommends about NY state estimated tax payments is valid, but I suspect that your employer WILL withhold NY state taxes as well as NJ state taxes if you ask them to.

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!

Living in New jersey and working in New York [ 5 Answers ]

For some time now I've been thinking of making a career move. I live in New Jersey, I am looking to work in New York City and would like to know how would filing taxes affect my weekly pay. For instance would both NJ and NY tax me. How does this work?

Living in New Jersey and Working in New York [ 1 Answers ]

How does the taxes work? I heard about a comuting tax? Can anyone please help me out before I begin to work there?

Living in jersey working in ny [ 1 Answers ]

Hi I also am about to move to New Jersey and I would like to know what to expect from my taxes. I currently make 36,000 a year and I am married, no kids. Can I add my transportation to my taxes next year given how I will have to use both ny transit (trains) and nj transit?

Living in New York and working in New Jersey [ 1 Answers ]

My husband will be working in New Jersey this summer but we live in manhattan. How should he handle the withheld taxes from his weekly paycheck and how does that influence his annual salary? If it is possible to give me an estimated percentage that we can anticipate as a weekly deduction, I would...


View more questions Search