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Does NYC 1127 tax payment offsets NJ tax liability?
I live in NJ state and work for NYC. employer gave W-2 form, NYC 1127 form, total two forms. Need to file 1)Federal, 2)NY state IT-203(non-resident), 3) NYC 1127, 4) NJ-1040.
Q: Can I add two COJs (Credit for Other Jurisdiction) to offset NJ state tax liability?
(one for NY state tax COJ, another for NYC 1127.2 tax COJ)
NYC 1127 is a Condition of Employment tax bill, and form states "NYC 1127.2 Wage and Tax statement" and W-2 form, NYC 1127 has two separate tax withholding amounts. Actually, W-2 box 20A has NYC entry but withholding amount is in NYC1127. Tax situation is "standard deduction".
‎April 12, 2021
4:57 PM