Approximate tax savings if NYC employee moves residence from NYC to NJ?
How much would an employee expect to save on tax bill by moving residence from NYC to NJ, approximately?
Assume 0,000 income, single, no dependents, [CO] for everything else (IRA, 401k, investments, etc).
Online tax estimators say tax bill for NYC is ,000 and tax bill for NJ is ,000. If working in one and living in the other, would the tax bill be closer to 72k or 63k?
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