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The government will take any money they can from you so I would say that they will tax it. You can thank Obama for that.

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11y ago

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Where is my income taxable if the company is in ny but I work partly in NJ?

The general rule is that you income is taxable in BOTH the state where you work and the state where you live. Some states have reciprocal agreements, but NY and NJ do not. But NY has its dreaded telecommuter tax. If your employer requires you to work in NJ, the income you earned in NJ would not be taxable in NY (unless you live in NY). If your employer gave you the option of where to work, for example if they let you telecommute from your home in NJ, NY still considers the income to be taxable by NY. NJ would consider any income earned while working in NJ to be taxable in NJ and all income earned by a NJ resident, no matter where, to be taxable in NJ. Yes, it is possible for the same income to be taxable in two different states. If you live in NY or NJ, the state where you live will give you some credit for the taxes paid to another state to offset some of the double taxation. But if you live in a third state, you could be really screwed if you have income taxable by both NY and NJ, since your state would not let the credit they give you exceed the amount charged by that state.


How much is clothing tax?

Where clothing is taxable (for example it is in NY but not in NJ) it is taxed at the same rate as everything else.


Is schedule c income earned in CT when you live in NY taxable in CT or NY?

Schedule C income earned in Connecticut (CT) while living in New York (NY) is generally taxable in both states. You must report the income on your NY state tax return, as you are a resident of NY. Additionally, since the income was earned in CT, you will also need to file a CT tax return and may be subject to CT state taxes on that income. However, you may be eligible for a credit on your NY taxes for any taxes paid to CT to avoid double taxation.


What are my state taxes if I live in PA but work in NY?

The income you receive from NY sources is taxable by NY. All income you receive from any source in the world (including the NY income) is taxable by PA. You will need to file a NY non-resident income tax return at the end of the year. You will also file a PA resident income tax return. Attach Schedule G-L to your PA income tax return. This will allow you to claim a credit for the tax you paid to NY against the tax you owe PA. Note that the amount of the credit cannot exceed the tax that PA would have charged on the same income. In effect, the combined tax you will be paying PA and NY for your NY wages will be the same as the higher of the two rates. Since your NY employer won't be deducting any PA state income taxes, you may have to pay quarterly estimated tax payments to PA in order to avoid an underpayment penalty. Remember you have to pay PA tax on all of your other income besides just your wages. You'll need to estimate how much your PA tax for the year will be after deducting the credit for NY taxes on your wages and make the appropriate quarterly payments.


What is the sales tax on labor in NY?

Many services, such as labor, are generally taxable in New York state. Installation, repair and maintenance are considered taxable services. New York has a destination based sales tax, so the sales tax varies depending on the location you perform the services. New York has different rates for each county, city, and special district, so you will need a tax rate calculator to determine the proper tax rate to collect. Y

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Is workers comp from NY taxable?

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What food items are taxable in NY supermarkets?

All foods available in NY Supermarkets are taxable


Is labor taxable in NY?

yes they do dummy


Where is my income taxable if the company is in ny but I work partly in NJ?

The general rule is that you income is taxable in BOTH the state where you work and the state where you live. Some states have reciprocal agreements, but NY and NJ do not. But NY has its dreaded telecommuter tax. If your employer requires you to work in NJ, the income you earned in NJ would not be taxable in NY (unless you live in NY). If your employer gave you the option of where to work, for example if they let you telecommute from your home in NJ, NY still considers the income to be taxable by NY. NJ would consider any income earned while working in NJ to be taxable in NJ and all income earned by a NJ resident, no matter where, to be taxable in NJ. Yes, it is possible for the same income to be taxable in two different states. If you live in NY or NJ, the state where you live will give you some credit for the taxes paid to another state to offset some of the double taxation. But if you live in a third state, you could be really screwed if you have income taxable by both NY and NJ, since your state would not let the credit they give you exceed the amount charged by that state.


How old does a beneficiary have to be for to receive payment from a life insurance policy?

at what age can a minor be insured in NY state for life insurance


How much is cloth?

Where clothing is taxable (for example it is in NY but not in NJ) it is taxed at the same rate as everything else.


How much is clothing tax?

Where clothing is taxable (for example it is in NY but not in NJ) it is taxed at the same rate as everything else.


What are the ratings and certificates for NY-LON - 2004?

NY-LON - 2004 is rated/received certificates of: Australia:M


Who is National Market Research Program from New NY?

My son received a check form them for over $3,000 unsolicited. They said it was for secret shopping. Then they wanted him to moneygram 3290.00 . He would have been out all this money I'm sure.


Was Eddie Money once a policemen?

no, he did go to the NY police academy.


How much snow did Albany ny get in 2011?

87.2", placing it in the top 15 seasons on record.


Why is hearst in Macedon ny sending you stuff?

I just received a scarf from Hearst in NY with no explanation of why this was sent. I frankly do not trust this anonymous mailing..This is a company I will never deal with..