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State tax filing
<< In simple terms, My paycheck will be deducted by full state tax for VA state and some minimum state tax for NC state.
Is this correct !!>>
not necessarily, it may be the other way around. This is why you are going to complete two state tax returns next year.
if NC has a higher tax rate than VA, you are going to pay most of the tax to NC and little to VA. (so stated another way, you'll get a large refund from VA and might owe a lot to NC).
personally, I wouldn't worry about it; doing the two state tax returns will ensure you are not getting taxed twice on the same dollar of income.
‎August 30, 2022
5:29 AM