Hypothetical Tax Question

Let's say that I was going to work at a firm for the summer, lets call it firm "U" whose headquarters are in NJ, but I'm going to be living at the NYU dorms (UHall). Am I going to have to pay NY city taxes on my summer income?

Also anyone know how long it'll take me to get from 110 East 14 st to the ferry?

5 Comments
 

Just ask the question. Why does everyone ask these "hypothetical" questions? As for the answer, be resourceful - look online somewhere. You might start by looking at NYC's website.

 

how is that sarcastic at all?

you should pay NY city taxes because thats your primary residence as of now. make sure you dont pay double for NY and NJ. payroll screws up over there at times.

 
Best Response

Excepturi soluta placeat natus commodi neque dolores. Voluptates sint et rem aperiam rem quia ea. Dolore id ducimus enim esse voluptatum optio rem.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”