New Yorker still pay NY tax after moving to FL/TX?
My understanding is as long as your job/office is based in NY on paper, you still have to pay NY state income tax, even if you work from home in other states, correct?
Trending Content - Hedge Fund Forum
| +28 | James Fishback | 10 | 8h |
| +21 | Future of L/S | 5 | 3d |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 1d |
| +10 | SM L/S Compensation? | 3 | 1d |
| +9 | Moving from credit to equity? | 3 | 5d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 2d |
| +9 | How to prep for credit HF? | 4 | 2d |
| +4 | Jensen Huang | 1 | 20h |
| +3 | Chefs at Pod Shops | 2 | 3d |
| +1 | Discerene Group | 2 | 1h |
Career Resources
Yes, that is how it currently works and it has been a heavily debated topic this year with states arguing each other (in courts) over the tax revenue.
A few months ago New York State issued guidance on what would be considered NY taxable income vs not (spoiler: most people will be considered as NY tax, but you should see for yourself).
Does this hold true even if you've never stepped foot in the state of New York? (1st Year Analyst who's never moved out)
Most likely yes, although this is a year where it may make sense to consult a tax professional and get advice. As I said there have been many arguments over this and I imagine there are different interpretations of these rules.
Probably still true, if NY is the location on your job offer letter
Ut officia ut numquam omnis sapiente. Tempore beatae veniam odio ea corporis deserunt. Beatae id doloremque asperiores vel tempora consequatur. Explicabo et quae dolore totam quis temporibus.
Aut soluta voluptatem aut accusamus qui. At eaque ut et est. Est consequuntur adipisci asperiores explicabo. Ut ipsum repudiandae est cupiditate quia asperiores velit. Eum distinctio dolor quam est excepturi aliquid voluptates. Modi architecto laborum odio minima numquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...