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Who is Subject to this Tax?
Every income-earning individual who resides in New York City and every estate and trust must pay New York City personal income tax. Part-year City residents calculate their tax based on income and deductions for the resident period only, and they prorate certain items, such as the standard deduction and personal exemptions.
Most nonresidents of the City are not subject to any City personal income tax. However, nonresidents who are employees of the City of New York must pay the City each year an amount equal to the personal income tax they would owe if they were City residents. Nonresidents in this category are required to file NYC Form 1127.
I trust what Viralmd is saying is true since it's from a gov't website, however, my ex works for Goldman Sachs in Jersey City and he lives in Hoboken. They told him that if he did happen to live in NYC that he would be subject to the city tax although his place of employment is in fact Jersey. Personally that doesn't make sense to me, but that's what they said.
I trust what Viralmd is saying is true since it's from a gov't website, however, my ex works for Goldman Sachs in Jersey City and he lives in Hoboken. They told him that if he did happen to live in NYC that he would be subject to the city tax although his place of employment is in fact Jersey. Personally that doesn't make sense to me, but that's what they said.
That is correct as the above post said it is a "resident" tax. Doesn't matter where you work it's where you live for NYC income tax, this makes up for the low property tax. "Every income-earning individual who resides in New York City and every estate and trust must pay New York City personal income tax".
That is correct as the above post said it is a "resident" tax. Doesn't matter where you work it's where you live for NYC income tax, this makes up for the low property tax. "Every income-earning individual who resides in New York City and every estate and trust must pay New York City personal income tax".
This is correct. Before about 1999 people who lived in the suburbs were subject to the NYC income tax. In 1999 the state legislature stripped NYC of its authority to impose income tax on nonresidents who lived within NY State. In 2000 the state Court of Appeals held that keeping the tax in place on NJ and CT residents but not NYS residents outside NYC, was unconstitutional. The NYC income tax thereafter applied only to NYC residents, and I think the tax rate on NYC residents went up as a result. The mayor wanted to restore NYC income tax on nonresidents working in the city in 2003, but the legislature refused.
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