garman22
Level 13
Level 13

Hey all,

    I am prepping a NJ resident who works for a NY base company. They withhold both NY/NJ state income tax. 

In the past, NY mirrors federal wage and NJ is fairly similar to Federal wage. There are minor differences between NJ wage and Federal. I get that. But this year there is over a $600k difference between both. Is there something obvious I am missing as to why there is a HUGE difference? 

Client has no clue and I will have him ask payroll but I was curious.......

Thanks,

0 Cheers