Finance Q&A

NJ state tax not deducted from wages. ?

Edwards Finance > Loans

Q. My employer is based in NH. He did not deduct any State tax from my wages for 2005. In W2 box 15 (employer state) is empty box 16 (wages and tips) is also empty I reside in NJ How do I handle this? How do I calculate state tax for NJ? 1. Do I consider federal wages for calculating NJ tax? 2. Is my W2 incorrect in showing box 15 and 16 empty? 3. Can I ask my employer start deducting NJ taxes although he is based in NH. 4. What about NJ SDI (State Disability Insurance) and SUI (State Unemployment Insurance), do I have to pay them for year 2005? Can I ask my employer to pay them in future.

A. -Do you work in NH or NJ? If you commute to work in NH, and your employer has no business location or activity in NJ, your employer is not under any obligation to withhold NJ income tax from your wages. In addition, your employer would properly

 


Ask Edwards a Finance Question

 

Other Questions:

Filing Bankruptcy in Virginia Chap 13 step plan

The form provided by the bankruptcy court doesn't provide for showing a planned increase in payments over the life of the plan. How does one do this and how can it be summarized? In filing a summary plan does one compute the average of payme...

Calculating monthly income after taxes?

I'm trying to figure out what my annual income would have to be to net a certain monthly income. I know that it's difficult to be exact but is this correct? anticipated total income - anticipated ded. and exemption = taxable income $3,...

How Does "Debt Consolidation" Work ??

I started a business and incurred some debt on credit card. The interest rate is very high (about 25+ %). I recently closed the business and get back to employment (engineer) and have a good pay. Now I want to plan on paying the debts. I ...

Bankruptcy law in Michigan

Is there any *significant* difference between filing for bankruptcy in the state of Michigan or the State of Illinois? I have a friend who is investigating filing bankruptcy in Michigan, but is moving to Illinois to get a job. She has a l...

NY City Income Tax? I'm a new resident of NJ working in NYC. I understand the state income tax process. But what about the NYC income tax? Should I be paying it? Does it work the same as the state (credited back to me at filing time)?

I've been in the same situation for some years. If you live not in NY State, there is no City of New York or City of Yonkers tax. Your employer should not deduct this. Of course, if you moved from NY City to NJ during the year you're in a si...

 

Edwards Finance Menu

Ask a Question
About Us / Me
Contact Me
Privacy Policy

Sitemap

My Favorite Sites

PFBlog
Google Finance
Yahoo Finance
Motley Fool
Nveille's Financial Blog
AllFinanceMatters
Free Money Finance
2MillionBlog
The Terror Finance blog

Q&A Subjects

Bad Credit
Credit Card
Debt Recovery
Capital Gains
Credit Report
Debt Help
Repossess
Loans