JohnB5677
Expert Alumni

Get your taxes done using TurboTax

Yes, if you are based in NJ and you live in NY you will have to file tax returns in both states.

 

  • You will pay income tax on your NJ wages.
  • However, you will get a credit on your NY tax return for those taxes.
  • If NY has a higher tax rate you will pay the excess.
  • If NY has a lower tax rate you do not get credit for the excess paid in NJ.
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