As you suggested, I corrected the NJ box 16 amount. It went from my employer attributed amount of only 12% of my annual wage to 30%. That significantly increased the tax credit on the NJ return but increased the NJ tax liability even more significantly, so the tax due went from 0 to sever hundred dollars (A small part of that tax due is interest for underpayment of estimated tax from the beginning of the year. I didn’t even know I would move to NJ until late in the year.) The tax owed to NJ is only a small fraction of the lower NY tax liability due to the 30% allocation to NJ.
I corrected the NY W-2 box 16 amount. It went from 100% of my annual wage to 70%.
I see that, in Forms mode, the Alloc Wks has, on income line 1, the 70% wage figure in the column for NY State Resident Period. It has the 30% wage figure in the column for Nonresident Period income. In the next column it attributes all of the nonresident income to NY sources. What’s confusing is that the main NY tax form (IT-203) is is reporting 100% of my annual wage on line 1. Is that correct because NJ is giving me a a tax credit on 30%? Or should the figure be the 70% that I put into the NY W-2 wage box 16?
As you can tell I’m still not totally clear on this situation. I appreciate the help that you have given me that has enabled me to get this far. I have always done my taxes successfully using Turbotax, but this year, because of the NY/NJ situation, I don’t feel completely confident that I have done everything right. I don’t want NY and/or NJ giving me a problem later on. Forms 1040, A, B, and D are correct. Is it possible to hire an accountant to just to review my return specifically regarding the state entries related to the NY-NJ move? I can wait until after April 15 if necessary.
