HARTFORD, Conn. (AP) — Telecommuting, a pandemic-era novelty that has become a permanent alternative for many people, has some Connecticut and New Jersey employees of New York-based companies questioning why they still have to pay personal income tax to the Empire State.
Their home states are wondering as well.
Fed up with losing out on hundreds of millions of dollars in tax revenue each year, New Jersey is now offering a state tax credit to residents who work from home and successfully appeal their New York tax assessment. Connecticut is considering a similar measure.
The Garden State’s bounty — a rebate worth roughly half a person’s refund of income taxes they paid to New York for the 2020-2023 period — has been claimed so far by one winning litigant since the state made the offer in July, according to the state’s Division of Taxation. That taxpayer received a $7,797.02 refund for their efforts. Officials hope that person’s windfall will encourage others to follow suit.
Do YOU think St George's Day should be a national holiday?
China's manufacturing hub sees 9.1 pct foreign trade growth in Q1
US House Judiciary Committee chair seeks details from ATF on airport director shooting
Legendary rugby league star Wally Lewis appeals for concussion and CTE awareness support
Travis Kelce accepts a 'friendly' $14m Chiefs contract 'to keep the team together', claims ex
Vista Outdoor, Salesforce rise; Tesla, Cardinal Health fall, Monday, 4/22/2024
Is Hayley Atwell pregnant? Tom Cruise's ex, 42, cradles her tummy during romantic Venetian mini
Brewers' Jakob Junis hit in neck by line drive in batting practice, taken to hospital
Remains believed to be missing woman, daughter found at West Virginia home on same day suspect died
2nd victim dies from injuries after Texas man drove stolen semitrailer into building, officials say
Suns guard Grayson Allen aggravates ankle injury vs. Timberwolves. Phoenix falls into 0
China's new quality agricultural productive forces to be fully developed: report