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Friday, July 1, 2011

About If you work in New York City but live in New Jersey, do you pay state income taxes to New York or New Jersey

If you work in New York City but live in New Jersey, do you pay state income taxes to New York or New Jersey?

United States - 3 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
Both, but NJ should credit what you pay to NY.
Answer 2 :
If you file both and do the paperwork correctly, then you might only have to pay New York, because the NJ tax might not be any more than the credit for tax paid to NY, so you might owe NJ $0. If you do not file both, meaning that you file one or the other, or none, then you do have to pay both.
Answer 3 :
according to IRS your tax home is where you work unless the job is a short, temporary, less than a year assignment so if this is not the case you will file NY return and non resident NJ
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Wednesday, June 1, 2011

About Average cost of installing light/recessed lighting

Average cost of installing light/recessed lighting?
How much does an average electric job cost to install a light fixture in 1 medium room? and How much on average would installing 6 recessed lights (fishing needed) in another medium room? Does $100 a Can, installed sound right? Looking for a base estimate for some future work in Jersey City, NJ.
Decorating & Remodeling - 1 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
I live in CT - and ya you are correct at about $100 per light, other things that might make the price jump are if there is anything unusual behind the drywall or if theres no wires to the ceiling already

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Sunday, May 1, 2011

About If I was to go to NYU and work a job in the city could i still live in New Jersey

If I was to go to NYU and work a job in the city could i still live in New Jersey?
- Im looking for places to live like Manhattan, Queens or Brooklyn ... but people say its cheaper to live in NJ. So basically how long would it take to go back and fwd to work and school ? If i was to go to NYU & work in Manhattan or brooklyn or something ?
New York City - 3 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
Look at the NJ path train it stops at 14st which is pretty damn close to NYU it take about 30 minutes of NJ to NYC
Answer 2 :
You could - but understand if you live in NJ, you'll pay NJ, NY and NYS income taxes.
Answer 3 :
Were. If I were to go to NYU.... I would hope that an NYU student would be familiar with the subjunctive voice

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Friday, April 1, 2011

About What is the total effective personal income tax rate for living in New Jersey and working in New York City

What is the total effective personal income tax rate for living in New Jersey and working in New York City?
Thanks. I was unclear as to whether I owed both New York and New Jersey classes, but now it's clear it's the greater of. Additionally, I wasn't sure about the New York City tax - but you've confirmed my understanding ~ that the NYC tax is for NYC residents.
United States - 1 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
Hard to say without knowing your income and your complete tax situation. The links to the tax rates for both states are given below. Basically, you will pay the New York rates on your salary. You'll have to file a return in New Jersey as well and if their tax is higher, you'll have to pay the excess to New Jersey, so your total is most likely about the same as whichever tax is greater. If you have income from sources other than your job, you'll pay tax on that in NJ as well. There used to also be a NYC nonresident earnings tax, but I think that's gone now

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Tuesday, March 1, 2011

About I'm a New Jersey resident, but work in New York City. I'm planning to buy a car from a dealership in NY.

I'm a New Jersey resident, but work in New York City. I'm planning to buy a car from a dealership in NY.
My dealer told me that I will have to pay NY City Sales Tax (8.625%) for the car, since I work in "The City", even though my car will be registered in New Jersey. New Jersey tax is 6%. Can someone please confirm this? Thanks. My dealer told me that I will have to pay NY City Sales Tax (8.625%) for the car, since I work in "The City", even though my car will be registered in New Jersey. New Jersey tax is 6%. Can someone please confirm this? >>>> Thank you all for your response. The issue is not where I buy the car, but where (DMV) I register it. The sales tax will be charged by the DMV (in my case New Jersey DMV). What I find suspicious, is that my dealer says that "where I work" matters. If I was working in New Jersey, I would have had to pay the 7% tax. But since I work in New York City, I have to pay the 8.625 City Tax.
Buying & Selling - 5 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
If you buy it in the city you have to pay the city tax.
Answer 2 :
Yes, you will have to pay a higher tax in NY, so why not buy the car in New Jersey instead? (New Jersey tax is now 7%. It used to be 6%.)
Answer 3 :
Just like how NJ doesnt have clothing tax and people from NY come here to buy clothes without tax, if you go over there any buy something, you have to pay the tax. And as far as I knew, NJ tax was raised to 7% last year.
Answer 4 :
for luxury cars u pay 7.04% tax not the flat 7% tax for the rest of the cars
Answer 5 :
You are getting a lot of misimformation. Cars are not like clothing in the US and are treated differently. Regardless of what state you buy a vehicle in, the tax you pay on the vehicle is based on where you register the vehicle (where you live). People do it on Ebay every day. In your situation, you would definitely pay the NJ Sales tax, which sounds like it is 7% now. I would be very suspicious of this car dealer. It sounds like they are trying to trick you into paying more for the vehicle. They pass it off as a 'tax', but it sounds like it is actually a profit. If this is what they are doing, it is actually illegal. Personally, I would shop elsewhere. There are too many honest dealers to put up with junk like this

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