TAX .. очень срочно

lex · Post by **lex** » 22 Jun 1999 18:03

Люди добрые, подскажите какой Province Tax будет в NJ.
У меня к сожалению есть цифры только для PA, правда, не знаю насколько они верны:
Salary | Fed Tax | Prov Tax
< 30.000 | 17 | ~9
30K-50K | 26 | ~13,5
> 50.000 | 29 | ~15,2

Цифры даны эмплойером, верю ему на слово.
Пожалуста, подскажите для NJ, have no time to make decision.
Заранее благодарен!

KN · Post by KN » 22 Jun 1999 18:46

NJ has a progressive tax schedule and, as usual, deductions depend on the number of dependents. If your TAXABLE (i.e. after all deductions) income is 30,000 your tax will be 455 (from the tax tables). Looks rather small... (of course, this is assuming you file as a resident, plus do not forget that this is just the state tax, without property taxes). See here for details (download Instructions for Form 1040NJ and look for tax tables in the appendix). http://www.state.nj.us/treasury/taxation/1998njx/index.html#gross

KN · Post by KN » 22 Jun 1999 19:00

Mmmm...PA - state tax rate is 2.8 percent flat. I wonder if your numbers are for non-resident or self-employed/contract income under 1099)? http://www.revenue.state.pa.us/forms/pit/index.htm

KN · Post by KN » 23 Jun 1999 08:11

Hmmm... One more thing - somewhere in your tax figures Social Security Contributions must be buried, plus some other charges for unemployment insurance, etc. I suspect this is what have inflated the State Tax rate (federal seems correct) on your employers figures. Then, the same addition will have to be done to the State tax figures I posted.

Somewhere in the archives there was a debate on "taxes"/SS contributions/ etc in general - may be worth checking out, unless someone who is actually employed in NJ or PA at the moment will volunteer an up-to-date information.

In any event, it seems to me that the state tax in NJ is close enough to the state tax in PA on average, but people higher-end income brackets might loose a little in NJ (this statement is based on the fact that main difference in taxes between the states will come from state tax rate alone - SS contributions are federal - and property taxes - but these are not the ones you asked about). So I would simply not worry in this case. I would be more concerned with cost of living than state taxes (moving from rural PA to suburbs of NY will reduce you real income in rather drastic way, for example).

lex · Post by **lex** » 23 Jun 1999 20:10

Thanks everebody for advices.
The decision was made.
And I think this topic neeeds to be closed.