do nyc teachers who live elsewhere pay nyc income tax?

[Mightyqueen801]

Originally Posted by Kefir King

Sometimes, but not always. Only those items that are taxable in BOTH states can be credited from NY to NJ.

True. My wages earned in NY were always taxable in both states. My NY pension was only taxable in NJ. But in 2018, NJ came up with an exclusion for the pension, which I had to wait until year 2020 to claim because I had to be 62.

[randomperson2]

It's funny watching NJ bend like that. In NY state pension contributions are post-tax, so the state already got its cut, just up front. NJ wants NY retirees so bad it's giving its cut up altogether.

[Mightyqueen801]

Originally Posted by randomperson2

It's funny watching NJ bend like that. In NY state pension contributions are post-tax, so the state already got its cut, just up front. NJ wants NY retirees so bad it's giving its cut up altogether.

Not 100%. Only $75K (single) can be excluded, and total income cannot be more than $100k. This year, you can exclude 50% if gross income is between $100K and $125k. Before that you lost the total exclusion if income was $101K.

[GoldenHair]

Far less headaches in Florida, Texas, and half a dozen other states with no income tax!