mzhu
Level 2

Live and work in NJ but have NY W2 due to bonus and restricted stock awards. How to do NJ and NY state taxes in TurboTax?

Hi,

 

For 2019 and 2020, I live in NJ. For the entire 2020, I work in NJ and have my NJ W2. However, a small portion of 2020 compensation consists of 2019 bonus and restricted stock awards. This part was taxed in NY, as I worked until May 2019 in NYC (after May 2019, relocated to NJ within the same company). So I have NY W2.

 

On the NY W2, box 1-6 are all empty. Box 16 reports total wage (this number is slightly smaller than that on the NJ W2), and box 17 reports only a small amount of taxes that were due to 2019 bonus and restricted stock awards paid in NY.

 

I am wondering if someone can advise how I should complete the NJ and NY state taxes in TurboTax. Obviously, I can't choose the option of working in NY but living in NJ for 2020. 

 

Thank you so much!