Can someone pls explain the NYC/NJ taxes situation? I’ll be living in NJ & working from home for most of the year. Initially I was supposed to get mapped to the NYC office but I’m now considering getting mapped to the NJ office instead. Please share your thoughts and advice. What option will provide me with the least tax payment? TIA

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As a NJ resident, you won't have to pay the NYC tax (~4%) in either scenario. If your home office is in NYC, you will effectively pay whichever is higher between NY State and NJ State tax (usually the former). If your home office is in NJ, you only have to file one state tax return.

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Thank you so much! I just learnt that the NYC office is actually closer, so I guess that’s the “perk” The NJ office is 2 hrs away🥲

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