Do we get paid differently now based on the WFH State Tax Rate?

I heard from someone at my firm that we are getting taxed based on the state tax of the state we are currently WFH.

Is this the case at other banks? Or was he being delusional? That would be fantastico!

6,055 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '29 Nov 2026 Cohort

5.00/5

Investment Banking Career Roadmap (optional)

“Isabelle is a great professional with strong, relevant experience. She went through the IB recruiting process herself, so her advice was concrete rather than generic. We aligned quickly on what I should be prioritising to break into investment banking, and she gave me clear next steps: target spring weeks, build an Excel tracker of key banks and companies, practise interviews regularly, and get the technicals and financials airtight. Above all, she stressed that consistent hard work is what makes the difference. I left the session with a clear plan and more confidence about the process.”

Class of '29 May 2026 Cohort

5.00/5

Investment Banking Other

“he is really helpful by telling me what way should I read market news, and I think overall is good. However, I'd wish him can go over a market news with me, but he didn't do that. Overall, it's fine and helpful and learning market news is crucial for me, and I think our academy can put this as a course for people to learn how should we read and how can we articulate that, pitch that during an interview. This should be composed as an offcial course to learn, so I think we can really do that to improve.”

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Do we get paid differently now based on the WFH State Tax Rate?

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Do we get paid differently now based on the WFH State Tax Rate?

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