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Working remotely in NJ for an NY Company
Good evening,
I work remotely full-time in New Jersey for a New York company. I'm trying to decide how much I should withhold from my New York wages in view of these circumstances.
Am I technically "liable" for both NY and NJ taxes, and therefore would have to pay estimated taxes to NJ throughout the year? Or am I liable only for NY taxes, since NJ will allow me to claim a credit for any taxes paid to NY so as to not double tax me? And in either case, how do I determine how much to withhold for each (or only one?) state? Any clarification would be most appreciated.
I'm married filing jointly.
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May 20, 2024
3:34 PM