NY taxes... - NJFBOA - Home of New Jersey's Camaros and Firebirds

LTb1ow · 06-30-2009, 08:36 PM

Any one work in NY and or live in NJ? Just found out its like 23% tax

My Dad was saying something about a reciprocal agreement between NJ/NY or something...

Teds89IROC · 06-30-2009, 08:38 PM

I don't but that's part of the reason why I'm trying to avoid a job in the city lol

LTb1ow · 06-30-2009, 08:41 PM

Yea.... friggen blows.

Is NY the same as jerz, where if you make less than 5k ish, you get all your taxes back?

Teds89IROC · 06-30-2009, 08:51 PM

Not sure but the way it works is if you work in NY and live in NJ you file for both states and NJ gives you a credit toward taxes paid in NY. Because taxes are a higher rate in NY you will owe NJ nothing.

sweetbmxrider · 06-30-2009, 08:53 PM

holy bend over

LTb1ow · 06-30-2009, 08:59 PM

Quote:

Originally Posted by sweetbmxrider

holy bend over

Tell me about it... work 50 hours a week to sort of make a 40 hour in Jerz...

Frosty · 06-30-2009, 10:21 PM

NY and NJ, two of the highest tax rates(with NY's newly passed tax law they're now #1) yet ironically both states have SERIOUS budget issues....hmmmm....

LTb1ow · 06-30-2009, 10:22 PM

Yea... any one know off hand what NJ's is?

WildBillyT · 06-30-2009, 10:23 PM

So would you say that NY is showing you... no mercy?

LTb1ow · 06-30-2009, 10:24 PM

Prettttyy much. And I don't even live in NY to get the services my tax money is going to! Rubbish!

madness410 · 07-01-2009, 02:06 AM

Quote:

Originally Posted by Frosty

NY and NJ, two of the highest tax rates(with NY's newly passed tax law they're now #1) yet ironically both states have SERIOUS budget issues....hmmmm....

yeah there is madd corrupt stuff going on in new jersey...

Quote:

Originally Posted by WildBillyT

So would you say that NY is showing you... no mercy?

dam bill you are on fire today...first the "butt depot" reply now the show no mercy reply.

JL8Jeff · 07-01-2009, 09:43 AM

I think that is a NY city tax, not NY state that you're paying. That is one reason I never wanted to work in NYC along with the commuting costs. I had a job offer from a place in Trevose PA and they are still considered within the Phila city limits so there was a Phila city tax that would be taken out so I said nevermind. You should be able to look at the IRS tax table info to figure out what the maximum you can make without paying taxes is.

BonzoHansen · 07-01-2009, 10:18 AM

^^what he said - there is state tax and city tax

NJ346 · 07-01-2009, 10:34 AM

just read an article about all of the sates and their tax problems and started ROFL when I read Georgia's new tax :

Quote:

Massachusetts is proposing a tax on satellite television service and Georgia lawmakers are proposing a “pole tax” that would charge gentlemen’s club patrons $5 at the door.

Frosty · 07-01-2009, 10:51 AM

Quote:

Originally Posted by JL8Jeff

I think that is a NY city tax, not NY state that you're paying. That is one reason I never wanted to work in NYC along with the commuting costs. I had a job offer from a place in Trevose PA and they are still considered within the Phila city limits so there was a Phila city tax that would be taken out so I said nevermind. You should be able to look at the IRS tax table info to figure out what the maximum you can make without paying taxes is.

Trevose isn't in Philly, it's in Bucks County...I live in Trevose/Feasterville(same zip code). I even worked in the same town for 7rys and there only taxes taken out aside from state and federal was for the EMT service($50/yr). Whoever told you they took out Philly wage tax was on crack.

LTb1ow · 07-01-2009, 10:55 AM

So I am going to get banged for NYC and NY state tax?

fml.

BonzoHansen · 07-01-2009, 11:14 AM

Yes. And they are very tight. Like if you work there 1 day a month they want 12 days of taxes.

LTb1ow · 07-01-2009, 11:15 AM

Well that blows. Damn it.

I guess I should talk to the tax person at work and figure out what the cap is for getting your taxes back...

Teds89IROC · 07-01-2009, 11:28 AM

Actually the NYC tax is only for residents of the city, IIRC

BonzoHansen · 07-01-2009, 01:53 PM

Quote:

Originally Posted by Teds89IROC

Actually the NYC tax is only for residents of the city, IIRC

I'm 99% sure anyone that works there. What I'm not sure of is time cutoff like 10 days or less does not pay. I've heard far too many people at work talk about it.

http://www.tax.state.ny.us/pubs_and_...lding_pubs.htm

http://www.tax.state.ny.us/pdf/memos/income/m02_3i.pdf

Full-year New York State nonresident employees who perform only a portion of their services in New York State

If at any time during the tax year a nonresident employee performs services in New York State (for example, two days a week, every other week, every other month, one month a year, etc.), the amount of wages that must be reported in the State wages, tips, etc. box on federal Form W-2
is the same amount of federal wages required to be reported in box 1, Wages, tips, other compensation. That amount is federal wages before any allocation that the employee may have claimed on Form IT-2104.1, New York State, City of New York, and City of Yonkers Certificate of Nonresidence and Allocation of Withholding Tax. The employee will allocate the part of the employee’s federal wages that are attributable to services performed in New York State when the employee files his or her New York State nonresident income tax return.

Example 1: John, a resident of Connecticut, worked for the same employer for the entire tax year. John worked two days a week in New York and three days a week in Connecticut during the tax year. John’s employer must report in the State wages, tips, etc. box of federal Form W-2 the same amount as the federal wages reported in box 1, Wages, tips, other compensation. That amount is federal wages before any allocation. John will be required to allocate the part of his federal wages that are attributable to services performed in New York when he files his New York State nonresident income tax return.

Example 2: Ellen, a resident of New Jersey, worked for the same employer for the entire tax year. From January 1 through May 31, Ellen’s job assignment required that she work three days a week in New York and two days a week in New Jersey. Ellen received a promotion effective June 1, and her job assignment was changed so that she worked exclusively in New Jersey after that date. Ellen’s employer must report in the State wages, tips, etc. box on federal Form W-2 the same amount as the federal wages reported in box 1, Wages, tips, other compensation. Ellen will be required to allocate the part of her federal wages that are attributable to services performed in New York when she files her New York State nonresident income tax return.

I'll see what I can find on the individual payee side, but they require city taxes to be w/h.

BonzoHansen · 07-01-2009, 02:15 PM

http://www.tax.state.ny.us/pit/incom...nformation.htm

You must file Form IT-203 if you:

*were not a resident of New York State and received income during the tax year from New York State sources, or
* moved into or out of New York State during the tax year.

This one explains it pretty deep for individuals
http://www.tax.state.ny.us/pdf/publi...come/pub88.pdf

LTb1ow · 07-01-2009, 06:12 PM

Thanks Bonzo...lots of reading material... lol any one a tax person?

JL8Jeff · 07-01-2009, 06:47 PM

Quote:

Originally Posted by Frosty

Trevose isn't in Philly, it's in Bucks County...I live in Trevose/Feasterville(same zip code). I even worked in the same town for 7rys and there only taxes taken out aside from state and federal was for the EMT service($50/yr). Whoever told you they took out Philly wage tax was on crack.

Where they were located on the edge of Trevose was still in NE Philly so there was the Philly tax, they should know since it was being taken out.

MonmouthCtyAntz · 07-05-2009, 06:22 PM

I went on a business trip last mth. and they raped us on alcohol... and I think my buddy paid almost 9 bucks for a pack of cigs lol