thanks for response.
a few points:
total bonus paid was $10m
for federal pay tax on $10m
for ny pay tax on $10m
for nj pay tax on $14M and get credit for tax paid to ny
--this results in paying total net tax on the state level on $14m vs $10m ?????
turbotax in the nj step by step appears to allow me to remove duplicate wages from the total wages worksheet but says "typically nj wages should not be excluded". the worksheet shows ny at $10m and nj at $ 4m. it also appears to only allow the elimination of the full amount in nj or in ny. therefore to get to the total of $10m on the nj return i'd have to eliminate the nj $4m.
sorry this is so convoluted but i really appreciate all your help on this.
