NYCPHP Meetup

[Marty Landman]

At 12:51 PM 5/10/2006, David Ngo wrote:
>Do any of you guys commute to NYC from New Jersey?

I did many years ago so take what I say with a grain of salt David, i.e. 
verify it still works this way.

>I currently live in New Jersey and am planning to accept a contract in 
>NYC. It is on a 1099, and I have heard that if you work in NYC you have to 
>pay a city tax. Is this true?

AFAIK it is true.

>If so how much is it

Depends on how much you earn in NYC. :) Check for forms and booklets 
http://www.tax.state.ny.us/

>and would I have to pay it even if I'm on a 1099?

Yep. You'll either be filing as a sole proprietor or corporation, right? 
Either way you're responsible for taxes including withholding taxes and 
don't be late because they get you with fees when you are. You will also 
have to pay NYS tax iirc. They will - or at least used to - credit your NJ 
income tax but since that's less than NY tax your out of pocket will be the 
same as if you lived in NY.

>I am trying to decide between 2 job offers right now, one of them is in 
>New Jersey, and the other one is in NYC.

OTOH if your main work location is your local office then you may be able 
to deduct travelling costs. Might be worth some intensive reading of the 
tax pubs, or even a 1 hour consult with an accountant familiar with this 
situation.

hth,

Marty


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