Tax Savings Living in NJ commute to NYC

Considering moving to NJ for tax savings.

Is it true I would avoid paying city tax? Assuming 110k base that would = ~4K a year in tax savings.

Anyone have personal experience with this?

Thanks !

2 Comments
 

Yes this is true.  You also save ~1% due to NJ tax being lower than NY state tax.  However, you need to weigh the negatives, such as fewer/limited transit options with the PATH

 
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