Your New Jersey income is your federal income plus or minus a few adjustments. To arrive at your income tax in New Jersey, you divide the income you earned in New Jersey by your total income to arrive at a percent that is then used to determine the portion of your tax that applies to New Jersey.
So, your New Jersey income will be close to your federal income, but you are not taxing the full amount of your income to arrive at your New Jersey tax.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
