Hi,
I saw some others post here about their NY NJ multiple W2 problem but didn’t exactly see the answer to my questions
I received two W2s for 2019 in separate envelopes.
Back in Jan 2019, my employer’s payroll department was late in updating my location code from NY to NJ (even though I was working in NJ and not NY from 1/1/2019 and NJ is where I live also for entire 2019)
as a result on payroll of 1/6/2019 I have a small NY withholding
When
First W2 — state NJ - Full Federal income is mentioned against NJ also with NJ withholding X
Second W2 - state NY - to my surprise here also full Federal income is mentioned against NY and the small withholding amount of the first pay of 2019 as mentioned above
Is this normal ?
why is NY income shown the full amount? isn’t this double counting ?
Ideally I shouldn’t even be filing for NY tax this year had the small NY withholding
secondly when I put the wages as shown on W2s the program shows me a huge amount owed to NY and for NJ most of the amount as refund.
Firstly isn’t this counter intuitive ?
that the state where I lived and worked for the entire year almost is giving me a refund of most of the withheld tax (Due to credit for other jurisdiction) while the state where for a technicality I worked ( I actually didn’t ) is getting all the taxes!
Is this how it works for people with NY NJ W2?
Secondly , isn’t this also causing a higher tax burden for me as NY taxes are higher than NJ?
