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  #1  
Old 04-03-2006, 10:26 PM
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Join Date: Apr 2006
Posts: 2

Tax help - Live in NJ, worked in NJ + NY


What is the name of your state? New Jersey

I lived in New Jersey all of 2005. I worked in both NY and NJ in 2005 and had state income tax witheld for both states.

My question is, what should I expect to see on my W2 for each state?

For NJ, it shows slightly more than my complete income reported to the Fed.
For NY, it also shows my complete income reported to the Fed.

Is this accurate? The payroll services at my company said that they are required by NJ and NY law to report my entire earnings for the year despite that I did not work in either state exclusively.

Thanks in advance
  #2  
Old 04-03-2006, 11:44 PM
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Join Date: May 2004
Posts: 43,909
Quote:
Originally Posted by jjgelinas77
What is the name of your state? New Jersey

I lived in New Jersey all of 2005. I worked in both NY and NJ in 2005 and had state income tax witheld for both states.

My question is, what should I expect to see on my W2 for each state?

For NJ, it shows slightly more than my complete income reported to the Fed.
For NY, it also shows my complete income reported to the Fed.

Is this accurate? The payroll services at my company said that they are required by NJ and NY law to report my entire earnings for the year despite that I did not work in either state exclusively.

Thanks in advance
You really need to consult with NJ and NY professionals to answer your questions, because they are state specific.

However.....just have someone professional handle your tax returns. They will do it correctly.

Believe it or not, state tax returns are generally more complex than federal ones....particularly if you are trying to do them manually.
  #3  
Old 04-04-2006, 06:13 AM
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Join Date: Apr 2006
Posts: 2
That's what I might end up doing - consulting a tax professional.

My HR/payroll group is saying that they have to report my total income for both states. But that is causing problems with TurboTax because its essentially doubling my reported income.

E.g., let's say I made $40,000 in NJ last year and $10,000 in NY, but on my W2 it says $50,000 for NJ and $50,000 for NY. That's doubling my income for the year for a total of $100,000 when I only made $50,000!
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