Relocation to NY

Google
Yyc008

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Yyc008
Nov 30, 2020 3 Comments

Currently in Bay Area, thinking about moving to NY. How does compensation and tax change if move to NY from CA?#tech #relocation

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TOP 3 Comments
  • Google
    sWke66

    Go to company page Google

    sWke66
    Compensation doesn’t change, taxes go up if you move to NYC.

    Important: not only is the tax rate about 1 percentage point higher in NYC than in CA, Google will continue withholding California taxes on some percentage of your income, and while you’ll avoid paying New York State income tax on this income, you will have to pay NYC tax on this income, unless you ask California for your money back and report it to New York instead (which is what I do based on my reading of California’s rules, although it’s not how Google withholds the income, so I can’t guarantee California won’t try to come after you at some point if you do this).
    Nov 30, 2020 1
    • Google
      sWke66

      Go to company page Google

      sWke66
      If you move to New Jersey or New York outside of NYC, taxes are lower than in California (although you’ll still have to deal with the CA withholding).
      Nov 30, 2020
  • Facebook
    WFH 🏝🍹

    Go to company page Facebook

    WFH 🏝🍹
    Taxes will also be slightly lower if your TC is close to or above 600k as CA taxes more at the top of the spectrum than NY. Living in NJ while working in NY will save you ~3% while still being within a reasonable commute.
    Nov 30, 2020 0