Possibly relocating to Camden- where do we live? (Trenton, Collingswood: condominium, schools)

[GoPhils]

I'm pretty sure that's not entirely true. There was even a thread on this last year here.

http://www.city-data.com/forum/new-j...iving-new.html

Originally Posted by billb7581

Working in Philly but living in NJ you will not have to pay any state income tax as you can write off the Philadelphia wage tax against your NJ state tax.

Living in PA you'll pay both the wage tax and the PA state tax.

[DailyJournalist]

Originally Posted by Katisu

So you have to pay income tax in one and "wage tax" in the other. I don't think I like that. It seems excessive; I would only be earning wages in one state.

The Philadelphia wage tax is deductible on your NJ state tax return. And you will not have to pay PA income tax only NJ.

[frankgn87]

that is correct. We live in jersey and work over there.. Philly wage tax is less then 4% if you only work in the city and not live there too. not to bad.

Originally Posted by Katisu

So you have to pay income tax in one and "wage tax" in the other. I don't think I like that. It seems excessive; I would only be earning wages in one state.

[frankgn87]

no its not.. Trust me, I live it lol at least our accountant never told us so! lol

Originally Posted by DailyJournalist

The Philadelphia wage tax is deductible on your NJ state tax return.

[DailyJournalist]

Originally Posted by frankgn87

no its not.. Trust me, I live it lol

That is incorrect, you can deduct the Philly wage tax from your NJ state tax return.


You want page 40 of that instruction booklet for the information for the Philadelphia Wage Tax.

http://www.state.nj.us/treasury/taxa...07/071040i.pdf

[GoPhils]

And you're still paying the wage tax if you live in Philly (or PA) anyway...

[billb7581]

Originally Posted by GoPhils

I'm pretty sure that's not entirely true. There was even a thread on this last year here.

http://www.city-data.com/forum/new-j...iving-new.html

I've been working in Philadelphia for 10 years, I've never had a nickel of NJ state tax witheld.

[DailyJournalist]

Originally Posted by billb7581

I've been working in Philadelphia for 10 years, I've never had a nickel of NJ state tax witheld.

Income Tax - PA/NJ Reciprocal Income Tax Agreement - NJ Taxation

My Pennsylvania employer witholds NJ taxes not PA taxes.

[billb7581]

[SIZE=5][SIZE=5][SIZE=5]

Schedule A - Taxes Paid
to Other Jurisdiction

[/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]

Requirements.

[/SIZE]

[/SIZE]

[/SIZE]

[SIZE=2][SIZE=2][SIZE=2]As a New Jersey resident,
you may be eligible for a tax credit
against your New Jersey income tax if
you have income from sources outside
New Jersey. To qualify, your income must
be subject to [/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]both [/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]the New Jersey income
tax and the income or wage tax imposed
by another jurisdiction outside of
New Jersey for the same year. For this
purpose, .jurisdiction. means any state
of the United States or political subdivision
of such state, including the District
of Columbia. [/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]Pennsylvania residents
see page 41. [/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]No credit is permitted for
taxes paid to the U.S. Government,
Canada, Puerto Rico, or any foreign
country or territory.
To receive the credit for taxes paid to another
jurisdiction you must:
1. Complete Schedule A in its entirety.
You may be required to complete
more than one Schedule A in certain
situations. See below.
2. Enclose Schedule A(s) with your
NJ-1040 income tax return.

[/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]

Completing More Than One Schedule A.

[/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]

You must complete a separate Schedule A
for each jurisdiction for which you are
claiming a credit. You must also complete
a separate Schedule A for each tax imposed
by a jurisdiction.

[/SIZE][/SIZE][/SIZE][SIZE=1][SIZE=1][SIZE=1]

♦

[/SIZE]

[/SIZE]

[/SIZE]

[SIZE=2][SIZE=2][SIZE=2]Two or more jurisdictions (i.e., a state
and political subdivision(s) therein)
impose tax on the same income. [/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]For
example, when both a state and a city
within that state tax the same income,
you may have to complete and enclose
a separate Schedule A for each jurisdiction
(see .Same Income Taxed by
More Than One Jurisdiction. on this
page).

[/SIZE][/SIZE][/SIZE][SIZE=1][SIZE=1][SIZE=1]

♦

[/SIZE]

[/SIZE]

[/SIZE]

[SIZE=2][SIZE=2][SIZE=2]Different jurisdictions impose tax on
different income. [/SIZE][/SIZE][/SIZE][SIZE=2][SIZE=2][SIZE=2]For example, if you
had wages from State A and a gain
from the sale of property from State B,
you must complete a separate Schedule
A for each state.

[/SIZE][/SIZE][/SIZE]

[GoPhils]

Originally Posted by billb7581

I've been working in Philadelphia for 10 years, I've never had a nickel of NJ state tax witheld.

Wow, I quoted a post you made a year ago, and you responded in an hour!