Hi All,
I am filing tax for the first time, so would like to understand whether what I am doing is correct.
My W-2 shows only NY has tax withheld.
I have done my federal and doing for states now.
I did for NY non-resident tax and turbotax shows I got refund of X for NY.
1. When I do NJ resident tax, it asks to remove the duplicated state wages on W-2 and shows options of NJ and NY with same state wage amount. I have a question which state has to be removed?
2. If I remove NJ and go ahead turbotax shows NJ refunds $35 where there is no tax withheld for NJ.
State tax return is almost 87% ie X+ 35 is almost 87% of state tax paid. Is this correct?