@Ella G wrote:
Am I correct in assuming the following:
- there will be no reciprocity between NY and NJ
Correct.
- I will not be able to file NY tax return electronically
I don't see why you wouldn't be able to file the NY tax return electronically.
- I will have to pay to NJ 8 months of taxes and probably get a fine
Probably true. (It's a penalty, not a fine.) You may also have to pay interest on the late-paid NJ tax.
- I should receive a full refund from NY but it may take a long time
I think so.
- Employer is not obligated to correct W-2 or clarify anything to NY Tax authorities and there is nothing I can do.
I don't know about that. Ask a tax lawyer. The main factor working against you is that you didn't alert your employer to the error promptly. You let it go on for 8 months or so before you told them. You probably do have some obligation to check your pay stub every pay period and promptly notify the employer of any error. Any time there's a change in your net pay, that should be a signal to you to check the calculations.
- Turbotax will be able to help me through this convoluted filing
It's not so convoluted. It's the same two-state filing situation you will have every year when you are working in New York and living in New Jersey. The only difference is how much of your income is New York income. TurboTax will help you with it.
