Post by heliocentric on Nov 9, 2018 12:39:47 GMT -5
I can share more background, if needed, but I'll try to keep it short for now.
I live in NJ. My job is in another state (MD). I have been working from home 2 days a week for years. During that time my company has taken taxes out in Maryland since that's my primary work location. At tax time I file returns in both states. NJ gives me some credit for taxes paid to MD, but I usually end up owing. However, I get money back from MD so it's kind of a wash.
I now have the opportunity to WFH 1-2 more days each week. Doing so means I'll be classified as remote and my company will take out NJ taxes instead of MD. Other than making filing returns a little easier (1 state) will this have any impact?
Can I assume my tax burden to be similar to what it has been filing in both states or will it change for some reason? Is there any way to figure this out?