Planning to live in NYC, but my remote job is located in MD. How much of a change will my paycheck be and how do taxes work in this situation?
Currently, I live in Maryland, and my job is in Maryland. Since I work from home permanently I want to live in NYC. How do taxes work, and will this affect my paycheck dramatically?
Posted Feb 6, 2023, 12:56 AM UTC
13
You would tell your job that you've moved to NYC, and they would start to withhold New York taxes instead of Maryland taxes.
As a NYC resident, you would be responsible for both New York State and New York City income taxes.