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PostPostMinimalist t1_j1rf48w wrote

Reply to comment by Amsterdaamed in JC or Brooklyn? by Amsterdaamed

If you don't live in NYC, you won't pay NYC tax. For something so simple, there sure is no shortage of confusion about this.

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Amsterdaamed OP t1_j1rfl4l wrote

But you still pay NY state taxes right?

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PostPostMinimalist t1_j1rggon wrote

That one is more complicated. In short, yes but you'll get a credit towards NJ state taxes so you aren't actually 'double taxed.' Have to file a return in both states and the math for calculating what you owe is a bit weird but it basically works out to be similar to working in only one state for most people since the NJ versus NY rates are similar enough.

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NewLoseIt t1_j1rh87g wrote

Yes, but NJ taxes are roughly the same as NYS taxes (actually a smidge more in most brackets, but JC/Hoboken offers SIGNIFICANTLY better infrastructure than Long Island or Westchester)

It’s the city taxes that make the most difference

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