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garman22
Level 13
03-11-2023
08:55 AM
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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,
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qbteachmt
Level 15
03-11-2023
11:39 AM
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Base wage should be the same; look at benefit plan provisions.
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Don't yell at us; we're volunteers
IRonMaN
Level 15
03-11-2023
12:20 PM
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My first guess is that somebody busted the W-2 when it was prepared.
Slava Ukraini!
