I'll be joining Tableau/Salesforce in Jan as a remote worker. They put my home office as NYC since I live in CT. My home office in my current role is in CT. How will my taxes change? Will I pay state taxes to NY in addition to CT? Any specific taxes for NYC? TC 158 -> 385, YoE 10+ #taxes #salesforce
City tax yo
First result from google says that you’ll pay taxes in both NYC and CT
Where do you live in CT?
Fairfield county
Why Nyc as home office? Didn't understand the logic.
They put it due to proximity. Didn't know I had a choice but I assume I can change it. Elaborate?
Better get it changed. Why file tax return for two states when you can avoid. Still check if there is any agreement between two states for taxes. Like if you are PA resident and work in Nj then no Nj taxes are deducted.
You will pay NY tax (no city tax as long as you don’t reside in NYC). When you file your taxes you will add CT as you residence if you use turbo tax they will do it for you. I don’t know the tax rate in CT but you might pay a delta if CT is higher and get a refund in NY or if CT is lower you will get a refund. At the end of the day you would pay the same thing
You will pay nyc city tax which is almost equivalent to state tax.
No city tax. But youll be credited for the NY state tax when you file for CT state tax. NY implements convenience of employer rule and becuase the way you were setup initially you may end up paying NY tax until you leave the company. Best to have your CPA look at this. https://www.ey.com/en_us/financial-services/tax/working-remotely-making-the-convenience-rule-work-for-telecommuting
You will pay both but then when you file your taxes you will get the NY taxes back. I did this a few yrs ago but you should ask Salesforce can they put your location as CT?
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you’re better off asking any tax accountant — and also salesforce, since some of it depends on what they mean by “home office”