I live in NY for the whole year and work for the first company in NY and the second company in NJ.
For example:
company 1 state tax: NY 5,000
company 2 state tax (2 W2s for the same company): NY box 16 is 12,000
NJ box 16 is 13,000
When I filed NY resident, 'Taxes Paid to Another State' asked about income taxed by New Jersey. The New York Salary shows 17,000 (=5,000 + 12,000). What number is 'Portion Taxed by New Jersey'? should it be 13,000 or 12,000? Thanks.
You'll need to sign in or create an account to connect with an expert.
The taxes you paid to New Jersey will be $12,000. This is for the wages you earned in New Jersey minus the $1,000 additional taxed by New Jersey and not New York. The credit for taxes paid to another state only applies to NY income, so the extra $1,000 is not included.
The taxes you paid to New Jersey will be $12,000. This is for the wages you earned in New Jersey minus the $1,000 additional taxed by New Jersey and not New York. The credit for taxes paid to another state only applies to NY income, so the extra $1,000 is not included.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
lblomurphy
New Member
Liv2luv
New Member
in Education
NancyWolfe
Level 2
Stickham
Returning Member
Tax223
New Member