The amount earned during living in NJ is greater than the total income in summary

[Mah_Aslan]

Hi,

During this year, I lived in Texas then I moved to NJ and am working in NY (later this year).

So I have two W2 from Texas and NY. 

After I filled in the federal tax and NY state tax, I went over to fill in the NJ state tax.

My W2 wages are the TOTAL (TX W2 + NY W2) so when I go to fill in the NJ state tax, I answer the question of how much of this TOTAL amount did you earn while living or working in NJ by adding the NY W2 amount only. Now when I continue through to the Income and Deductions Summary, I see that my total income 2k less than the amount I added earlier (NY W2 amount). 

Since NY W2 amount is the total income I got while living in NJ, shouldn't the summary have that same total amount? why is it 2k less?

For instance, when I move through the filing part to check and print my tax forms, I get the following:

1. Income properly taxed by both New Jersey and other jurisdiction. (Instructions page 33) Jurisdiction Name: New York. Do not combine the same income taxed by more than one jurisdiction. (The amount on line 1 cannot exceed the amount on line 2.): $40,000

2. Income subject to tax by New Jersey (From line 29, NJ-1040): $38,000

In this case, shouldn't line 2 be the same amount as line 1? why is it showing 2k less amount?

[AmyC]

Not necessarily. As a part year resident, you should be showing the NJ-1040NR.  Line 15 shows your Total wages and NJ =NY wages, columns A and B, respectively.

NJ typically taxes more income. NJ taxes items like retirement that Federal and other states do not tax.

Your line 29 column A for Federal should be the total of TX and NY wages. Column B should be the NY with adjustments for NJ.

Without more information, I don't know if there is a reason for the $2k difference. Do you have items in box 12? Did you receive sick pay?

You may want to contact a specialist that can work through that section of the return with you.

[Mah_Aslan]

Actually, I am having form NJ-1040 as part-year resident.

I don't have any extra information other than having my spouse (not working) and daughter (5 years, who is counted as child credit).

No sick pays, other income, interest, shares, etc..

[JotikaT2]

New Jersey provides an exemption that is applied before coming to the total New Jersey source income.  This amount is included before coming to the total of New Jersey taxable income.  

The exemption amount is $1,000 for yourself and your spouse, and $1,500 for any dependents.  Since you are a part-year resident, these amounts would be prorated based upon your residency in New Jersey.  (15 days or more is considered a month)