First year as a NJ resident working in NY ... Cna some please explain how income tax work? I had a cpa so my taxes but wondering if at the end of the day I am paying ny I comet ax rates or nj

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You pay taxes to New York for income earned in NY, and get credit on your NJ income tax for taxes paid to other states.

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You pay NY tax for income from NY, and NJ tac for NJ income. It's quite straight forward. Easily done through a tax package. But be sure to get 2 state taxes.

As others said, process is actually quite straightforward:

1) Do your federal taxes
2) Do your NY taxes: You will be taxed on any income earned in NY
3) Do your NJ taxes - if you had withholding, you can enter the NY taxes from step (2) as a credit.

Done. Between the two states it’s about a wash as far as income tax goes.

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