NY Telecommuter Tax

CGI
pUuo53

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pUuo53
Oct 20, 2020 6 Comments

Anyone have any experience with this?

Have a job offer but the Company Is based in NYC but the position is fully remote.

Ive not been able to get a super clear answer on the rule in terms of how the taxation works. Anyone ever deal with this?

#engineering #software #swe

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TOP 6 Comments
  • Started a new role recently in the same situation. Since your “work” location is your home state & your primary residence is also in your home state, you would not pay any taxes to NYC
    Oct 20, 2020 2
    • CGI
      pUuo53

      Go to company page CGI

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      pUuo53
      OP
      Is your company in NY? From my understanding NY is one of the few states that does it differently? Where they can take a portion of their taxes or something? I'm not quite sure what the details are. But I'm pretty sure NY takes their cut.
      Oct 20, 2020
    • I believe the key factor is “work location”, which is why you see people who work in NYC but live in CT/NJ get double taxed. Since your permanent work location is outside NY, they should only withhold taxes for your residence/work location state.
      Oct 20, 2020
  • If you set foot in NY state during the year then all your income from that job is taxable by NY state. Your interest income, dividends, capital gains, spouse’s salary, etc are NOT taxable by NY state.

    See if your own state offers a credit for tax paid to another state. In any case your own state will tax everything (unless of course your own state doesn’t have income tax).

    If you don’t set foot in NY state then they can’t touch you for that year.

    This is decidedly different from most other states where you prorate your presence in the state over the course of the year and pay only the percentage of time you were actually in that state. I personally think that NY’s law on this is both unconstitutional and unconscionable but the courts disagree so ...

    This is from personal experience having worked remotely for a company in NY and companies in CA. You’re getting bad advice above from people who are mostly telling you how non-NY states do things. I’m right.
    Oct 21, 2020 0
  • IAM in similar situation. Getting taxed for both NY and my state
    Oct 20, 2020 0
  • IBM
    :<

    Go to company page IBM

    :<
    You gotta know what address they're going to put on your W2 and which states they'll make W2s for. It makes sense that your hoe address will be submitted as your work address but just because it makes sense doesn't mean the payroll/acct department will do it.
    Oct 20, 2020 0